Japanese Nikkie Futures Point to 8% Market Drop
Source: business Insider
It looks like Tuesday will be a pretty nasty session for stock investors across Asia, especially those in Japan.
Wall Street just suffered its largest decline in years, volatility has spiked to levels not seen since August 2015, and the Japanese yen has rallied across the board including by nearly 1% against the US dollar.
It all points to an ugly open for Japanese markets in just under two hours time.
Nikkei 225 futures were down by around 8% at 8.30am AEDT.
Read more at https://www.businessinsider.com.au/nikkei-dow-stock-market-plunge-2018-2#wJutoTGFoOG0HDzo.99
Read more: https://www.businessinsider.com.au/nikkei-dow-stock-market-plunge-2018-2
Miigwech
(3,741 posts)a great time to rob the peoples retirement funds. Can't wait until inflation hits and we see double digit interest rates. I don't understand why people vote for repubs, the party of the 1%.
John Fante
(3,479 posts)beachbum bob
(10,437 posts)unfortunately they miss the mark on where problems originate
not fooled
(5,803 posts)than live comfortably, apparently.
I don't get it.
beachbum bob
(10,437 posts)bucolic_frolic
(43,368 posts)of course that changes over night and in the pre-market tomorrow
progree
(10,924 posts)http://money.cnn.com/data/world_markets/asia/
I saw in the second link that the Nikkei was closed, and I thought already? I checked what time it was in Tokyo: 12 noon. Hmmmm. Did they shut it down because of excessive drop? So I did a simple Google search (see first link) on "Nikkei Index" and that showed me that it was closed for a one hour lunch break between 1130 AM and 1230 PM. So I learn something new every day.
2nd edit, 950pm CST - there seems to be a 20 minute delay, but anyway the Nikkei just started trading again.
Wednesdays
(17,450 posts)Nikkei down about 6.5%. S&P futures down around 4.1%.
The NYSE will be off to a rocky start in the morning.
nitpicker
(7,153 posts)Nikkei 225
As of 15:15 06 February 2018 - Market closed
index value 21610.24
index change: -1071.84 index change percentage: down -4.73%
Open22267.00Previous close21610.2452 week high24124.1552 week low18335.63