Japan's Nikkei rallied 9.4% as of the midday break, after plunging 12% on Monday in its biggest one-day percentage drop since October 1987. The first step...
Visitors and electronic screens displaying Japan 's Nikkei stock quotation board are reflected on window glasses in Tokyo
Currency markets remained on edge, with the yen down 1% after rising for five straight sessions to a seven-month high on Monday."My view is that this market turmoil is mostly driven by the yen carry trade being partly unwound. That’s happened on the same day where U.S. jobs numbers came in slightly weaker than expected and a potential imminent attack by Iran on Israel.
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