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The Nikkei 225 briefly sank over 4,100 points in afternoon trade, falling below 63,000 on an intraday basis for the first time in roughly a month — a drop exceeding 6%. A selloff of this magnitude in Japanese equities typically signals broad risk-off pressure and raises the odds of yen-carry unwinding, which can spill into US index futures, USD/JPY, and high-beta assets like BTC and ETH. Watch whether USD/JPY breaks lower alongside the equity slide, as forced carry-trade deleveraging would amplify contagion across global risk assets.
As a Market signal, watch whether it changes price action, volatility, or flows around JPY=X, KOSPI, GSPC.
Original Source: Japan Times
This page is market information analysis, not investment advice.
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