Are Japanese Stocks Now Going To Move Totally Opposite To The Rest Of The World?

Last week, the Nikkei was the only major global stock index that actually produced gains.

Today it rose sharply, while other markets are flattish or down. It makes sense that it would trade the opposite of other markets right now. It’s the one country that clearly benefits when the dollar is stronger (and thus the yen is weaker), and so while in most places, dollar strength equals “risk off” for Japan it has totally different ramifications.

Certainly a pattern to watch.

chart

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.