The Washington Post on Nostr: Why has the Japanese stock market been on a roller coaster ride? ========== Japan's ...
Why has the Japanese stock market been on a roller coaster ride?
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Japan's stock markets experienced their biggest dive since 1987 on Monday, followed by the largest daily gain since 2008 the next day. The volatility is partly due to the weakening of the Japanese currency and recent monetary policy decisions by the Bank of Japan. The unexpected low U.S. jobs numbers in July and the potential for the Federal Reserve to cut interest rates also contributed to fears of a slowdown in the United States and global growth. The chaos in global financial markets has affected Asia, the United States, and other regions. The Japanese stock market's performance is closely tied to the world's biggest economy.
https://www.washingtonpost.com/world/2024/08/06/japan-stock-market-yen-carry-trade/
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Japan's stock markets experienced their biggest dive since 1987 on Monday, followed by the largest daily gain since 2008 the next day. The volatility is partly due to the weakening of the Japanese currency and recent monetary policy decisions by the Bank of Japan. The unexpected low U.S. jobs numbers in July and the potential for the Federal Reserve to cut interest rates also contributed to fears of a slowdown in the United States and global growth. The chaos in global financial markets has affected Asia, the United States, and other regions. The Japanese stock market's performance is closely tied to the world's biggest economy.
https://www.washingtonpost.com/world/2024/08/06/japan-stock-market-yen-carry-trade/