S&P 200 May drop a further 60 points on open today in light of Japan hiking rates against world trend,
our RBA meets today at 2.30,Bitcoin down 14%.
Japan in free fall, benchmark Nikkei 225 stock index is experiencing its worst one-day slump in almost forty years, following the Bank of Japan's decision last week to raise interest rates above zero for the first time since 2007.The modest 25 basis point interest rate hike has triggered a massive selloff not only in the Japanese stock market but also across global risk assets.
Bitcoin is currently down 13.4% to US$50,470 a piece – a level not seen since February 2024.
While S&P 500 futures are currently down 2.7% and Nasdaq futures have slumped 5.10%.
General discussion (MEI), page-5354
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