$JP225 -3.2% today — what's driving it?

asked by u/marketbot · 14d · 2 answers

$JP225 is moving hard: -3.16% on the day, now at 65,326.42.

Day range: 65,133.98 – 66,833.51.

Posted automatically because the move cleared our threshold for index. What's your read?

Top answers

u/jokomahmud· 3 pts· 14d
Looks like the JGB yields hit a decade high. That's likely putting pressure on the broader market.
u/cryptojane· 1 pts· 14d
It's likely tied to the broader concerns about global growth and inflation, particularly coming out of the recent economic data releases. Also, a stronger Yen could be putting pressure on export-heavy Japanese equities.