Daily News - Nikkei and Yen: After the big sale?
JPN225 and USDJPY, H4 and Daily US equities extended their rout ahead of the close with major indices down 2.3-4.0%, but the Nasdaq suffered the most, free-falling 4.1%, or 316 points to 7,422. To recap, high yields, China trade war, Fed tightening fears, tech wobble, etc. have conspired to relieve investors of some of their complacency. Leveraged, macro- and real-money fund liquidation would not surprise amid this rebalancing, not to mention flight from the hotter fast-money algo/system trader...
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