Japan's Nikkei index fell over 2% due to weak US jobs data and a strengthening yen.

Japan stocks plunge after weak US jobs data and yen's strength: The Nikkei index fell over 2% as weak US jobs data and a strengthening yen led to investor concerns over global economic recovery. The US jobs report showed a decrease in job openings, raising doubts over the pace of recovery. The strengthening yen, a common safe-haven currency, also reduced Japan's export competitiveness.

August 05, 2024
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