Japan’s Nikkei 225 Slides 3% on Concern Over Interest Rates

Japan’s Nikkei 225 Slides 3% on Concern Over Interest Rates | Elocationfinder

“Given the Japanese markets had been lacking a domestic catalyst and been hostage to global markets, it’s no surprise to see investors taking profits or cutting losses,” said Takeo Kamai, head of execution services at CLSA Securities Japan Co. “However, given the Nikkei was still at a multi-year high and valuations weren’t necessarily cheap, this correction may be healthy.”

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