Japan Exposure

[eskys]

paws for lunch?

stewed pigs trotters, a little gooey

 

[eskys]

Japan still trading???

It's now down more than 10 %

 

[eskys]

Nikkei 225​

Sep 24

32,122.50

34,757.50

32,055.00

-3,772.50

-10.51%

01:21:10

 

[Dona Ferentes]

the banks are getting hit ...


Shares of Japan's three largest commercial banks collapsed 13-15%, according to trading data before the close. Shares of Japan's largest bank, MUFG, collapsed by 21%. This is the biggest drop in its history.

Japan's stock market has fallen more than 13% in the past 5 days. Stocks are on track for the biggest drop in more than 8 years.

 

[Dona Ferentes]

a bit of a drill down for today's plunge;

Japan's stock market crash: What happened and why is it dragging the ASX 200 lower

Australian markets suffer significant losses, with the ASX 200 experiencing its worst one-day drop since May 2020, falling 3.7%.

www.marketindex.com.au

 

[finicky]

 

[divs4ever]

now i saw somewhere a brief mention of two banks had collapsed , have no idea who or where ( or even if true )

please take care if that is true

 

[mullokintyre]

Nikkei futures for sep 24 show a small level of confidence.
I have a suspicion that the confidence is based on hope more than anything else.
Mick

 

[Dona Ferentes]

Nikkei futures were 5.9 per cent higher near 6.45am AEST and Topix futures were up 7.5 per cent, a sign that perhaps the selling pressure that has hammered Japanese stocks is poised to end.

Recent falls are > 20 per cent; the Topix plunged 12.2 per cent on Monday, its second-largest tumble on record - only Black Monday (20 Oct 1987) was worse. The index fell 6 per cent on 03 August and 3 per cent on 01 August.

 

[qldfrog]

Nikkei futures were 5.9 per cent higher near 6.45am AEST and Topix futures were up 7.5 per cent, a sign that perhaps the selling pressure that has hammered Japanese stocks is poised to end.

Recent falls are > 20 per cent; the Topix plunged 12.2 per cent on Monday, its second-largest tumble on record - only Black Monday (20 Oct 1987) was worse. The index fell 6 per cent on 03 August and 3 per cent on 01 August.

Currency exchange should be considered too.
My small amount of yen is booming vs usd while AUD is still falling vs USD.
If not edged, the fall of jap market is hard..but cushioned a bit for an Aussie

 

[Dona Ferentes]

demographics

Japan's elderly population grows to record 36.25 million

The proportion of people aged 65 and over has been increasing since the 1950s.

www.japantimes.co.jp

 

[Garpal Gumnut]

Does Japan affect us directly in any way or is it all via the DOW?

For example the recent carry trade kerfuffle affecting US markets and by extension the ASX. Tourism is one trade but I believe the buses obstructing the Cairns hinterland roads are full of the Chinese cousins rather than the Japanese ones.

They sell us many cars still but what do we get in return, prob some Steel/Fe ore, coal and other materials exports.

I've done a search most recent 2022 which was quite interesting.

https://oec.world/en/profile/bilateral-country/jpn/partner/aus

gg

 

[eskys]

Nikkei 225​

38,146.50

38,441.00

37,898.50

-1,675.00

-4.21%