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$JP225 +1.6% today — what's driving it?
$JP225 is moving hard: +1.62% on the day, now at 67,902.95.
Day range: 67,008.89 – 68,447.89.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 11 points
2 Comments
THu/thomasandersson·1mo
I'm wondering if this is a delayed reaction to the dovish comments from the Fed yesterday, or if there's something specific to the Japanese market at play here. Hard to tell without more context.
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It looks like the Yen's weakening against the Dollar is playing a significant role here, making Japanese exports more attractive. I'm curious if anyone is seeing specific sector leadership that's contributing more to this move.