Japanese Markets Are In The Red, But That Might Not Mean Anything



Korea is selling off and Japan is deeper in the red.

Nikkei down 1.6%

Kospi down 1.2%

S&P/ASX up 0.6%

China and Hong Kong have been trading for around half an hour.

Shanghai Composite up 0.2%

Hang Seng up 0.3%



Japan, Korea, and Australia are open for trading.

Nikkei down 1.07%

Kospi up 0.05%

S&P/ASX up 0.94%

In case you forgot, Japan’s stock markets dodged last Friday’s brutal Asian selloff as markets were closed to observe the Autumnal Equinox holiday.  Korea’s Kospi sank by nearly 6% that day but is inching higher today.  Japan’s Nikkei could arguably be doing much worse. You’ll be hearing a lot of people say that Japan is playing catch up today.

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