Global Markets React to the Japanese Yen Carry Trade Unwind
August 17, 2024 at 08:00 AM EDT
Last Monday, global equities and digital assets underwent a dramatic selloff as the unwinding of the Japanese yen carry trade rattled markets. The S&P Global Broad Market Index (BMI), which measures the performance of more than 14,000 stocks around the world, retreated 3.3%, its worst trading day in over two years. The Tokyo Stock Price [...] The post Global Markets React to the Japanese Yen Carry Trade Unwind appeared first on ETF Trends .
