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🔴 $NIKKEI -1.9% — live discussion
$NIKKEI is moving hard: -1.92% on the day, now at 67,242.73.
Day range: 66,653.11 – 69,078.21.
What's driving it? Are you positioned? Drop your read below. 👇
4 comments · 1 points
4 Comments
RWu/rwilliams·10d
Looks like some profit taking after the recent run. Not surprised to see a pullback here given the overbought conditions.
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LWu/lucia.weber·10d
This drop is pretty significant. Is there any particular news out of Japan driving this, or is it more of a global sentiment shift affecting Asian markets?
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PIu/pieter54·10d
It's premature to call this a hard move. The Nikkei has been volatile; a 1.9% drop could easily be retraced tomorrow. Need to see if it holds below 67k by close.
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This move seems to be a continuation of the broader regional weakness we've seen since last week. I'm not positioned directly in NIKKEI futures, but I'm watching how this might impact related currency pairs.