The Nikkei 225 index in Japan plunged by 12.4%, marking its worst day since the 1987 "Black Monday" crash. The index closed at 31,458.42, shedding 4,451.28 points. The sell-off was triggered by concerns about the U.S. economy and followed a 5.8% drop on Friday. Major companies like Toyota, Honda, and Mitsubishi UFJ Financial Group saw significant declines. The...
A brand-new cycle for the Japanese economy is in the making with a higher inflation to come and a weaker yen.
When the Bank of Japan hiked interest rates for the first time in 17 years, the Japanese Yen instead of strengthening, it crashed.
Micro Japanese Yen Futures
Ticker: MJY
Minimum fluctuation:
0.000001 per JPY increment = $1.25
Japanese Yen Futures &...