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$JP225 -3.2% today — what's driving it?
$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?
2 comments · 0 points
$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?
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.
Looks like the JGB yields hit a decade high. That's likely putting pressure on the broader market.