The selloff in the US is gathering steam. The NASDAQ is off 15. Other indices are off a bit less.
The chart you need to keep your eye on is USD/JPY, which continues to crumble, as the effect of intervention wears off.
Tokyou is not happy.
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.