Why Japanese markets have plummeted

Category: Finance

Japan's stock market has experienced a significant decline, with the Topix index dropping 12% on August 5th, marking its worst performance since 1987. In contrast, stock markets in America, Britain, and Europe saw smaller declines of 2-3%. The yen has strengthened by 13% from its recent lows, indicating potential volatility in global markets due to Japan's financial influence.

Keywords: Japan, stock market, recession

Source: The Economist

Update At: 8/6/2024

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