Japan's stock market is experiencing a big dump, while Japanese bonds are expected to achieve the largest weekly rise in nearly 40 years.

GoldenOctober2024
TRUMP-2,12%

Jin10 data April 4 news, under the influence of Trump’s tariffs, Asian stock markets fell for the second consecutive day, with the export-oriented Nikkei 225 index widening its decline on Friday, once plummeting 4%, ultimately closing down 2.75%. After surging over 2% on Thursday, the yen continued its upward trend on Friday. Tim Waterer, chief market analyst at KCM Trade, stated: “Strict tariff levels and a soaring yen are bad news for the Nikkei index.” Takahide Kiuchi, an executive economist at Nomura Research Institute, said: “Unless Japan proposes significant measures to reduce its trade surplus with the U.S., Trump may not reconsider the tariffs. This will be quite a high threshold.” Investors are retreating to safe havens, betting against a rate hike by the Bank of Japan, causing Japanese government bond prices to soar, expected to achieve the largest weekly gain in nearly 40 years.

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