Here's One Indicator That's Definitely Not Flashing "RISK ON"

Kinda interesting. Despite the stock market rally, and the general “risk on” tone of the day — though things have mellowed out a bit — the yen has had an awesome day, and is back near its multi-decade highs. Definitely inconsistent with other markets.

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.

Tagged In

moneygame-us yen