Oddbean new post about | logout
 Asian share markets extended gains on Wednesday led by a bounce in the Nikkei, following the Bank of Japan's unexpected indication of reluctance to further raise interest rates while markets are volatile, which lead to a sharp fall in the yen.
 https://image.nostr.build/de26c2ed32a6b10efff692110711d0c8f700d54bbfcc1b22d29b87c10640ec5f.jpg 
✓ Nikkei up 2%, reversing early losses

✓ Nasdaq futures turn positive despite 12% dive in Super Micro

✓ Dollar up 1.6% on yen, BOJ says won't hike rates amid market uncertainty 
 Asian share markets extended their gains on Wednesday, with the Nikkei leading the bounce. The Nikkei index in Japan rose by 2% following a 10% rally on Tuesday, which brought some relief after the index experienced a significant drop of 12.4% on Monday, marking its largest one-day sell-off since the 1987 Black Monday crash.