Strong Yen Drops Asian Purses and Nikkei Drops Back 2.9%
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4 Articles
Asian scholarships close down with strengthening of the yenNikkei falls 2.9% and Kospi collapses 3.99% with strong yen and risk in the Middle East
The Asian exchanges closed in fall this Tuesday (2) after exchange of attacks in the Middle East expand the apprehension about delay in the return of normality in the global oil flow. Tokyo collapsed in the midst of speeches of Japanese leaders on foreign exchange surveillance, which triggered appreciation of the yen. The Japanese Nikkei index fell 2.9% in [...]
In Japan, Nikkei fell 2.9% after statements of authority on foreign exchange surveillance, which triggered appreciation of the yen
Asian markets were in a downward spiral on Wednesday (2/9), with the Nikkei and Kospi recording heavy losses, as oil prices surged above $90 and rising bond yields intensified concerns about inflation and the path of interest rates. In more detail, in Japan, the Nikkei 225 fell 2.80%, while the Topix fell 2.18%. South Korea's Kospi had an even worse day today, losing 3.59%, while the small-cap Kosdaq fell 1.49%. Australia's S&P/ASX 200 recorded …
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