CatalystMacro
JAPAN STOCK MARKET MAY STOP THE BLEEDING ON WEDNESDAY
Japan stock market may halt losses Wednesday, signaling potential stabilization after recent declines.
Context
What happened: The Japan stock market has fallen in back-to-back sessions, and the Nikkei may find support on Wednesday. The index finished sharply lower on Tuesday, led by losses in technology stocks, financial shares and automobile producers.
Key numbers: The Nikkei fell 841.28
Why it matters: The global forecast for Asian markets is flat to slightly higher, helped by a dip in oil prices, and the Nikkei may find support on Wednesday. Japan is due to release September trade figures, with imports expected to climb 19.6 percent on year and exports called higher by an annual 20.1 percent.
What changed
The Japan stock market has fallen in back-to-back sessions, and the Nikkei may find support on Wednesday. The index finished sharply lower on Tuesday, led by losses in technology stocks, financial shares and automobile producers.
Why it matters
The global forecast for Asian markets is flat to slightly higher, helped by a dip in oil prices, and the Nikkei may find support on Wednesday. Japan is due to release September trade figures, with imports expected to climb 19.6 percent on year and exports called higher by an annual 20.1 percent.