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Tokyo stocks plunge, yen surges amid rising Middle East tensions

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28 Comments
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Indexes of capitalism and the foundation of much of what is wrong in the world - greed, corruption ....

8 ( +11 / -3 )

LOL! Thanks Trump!

3 ( +10 / -7 )

the stock market is manipulated by the fake printed money injected by GOV. like the morphine , they try to keep the economy zombie alive. Tic-Tac...

6 ( +10 / -4 )

Awesome. I can pay off my student loans a little bit quicker whenever JPY gains against GBP.

3 ( +5 / -2 )

So what, currency rate is always changing, it was around 105 in the summer and it's already recovered to the 108s apparently. Unless you're playing the FX game the daily rate makes no impact on anyone's life.

4 ( +5 / -1 )

There may not be much a stock market left after WW3, after Grumpy bombs those 53 sites (cultural too) and the rest of the Muslim world goes ape-crap on us.

8 ( +9 / -1 )

And this is not just because of the US-Iran tensions!

yep that not so easy , "easy to win" trade war with China is certainly playing its part.

must be Obama's fault!?

8 ( +10 / -2 )

As usual, blame USA when it goes down and praise Abe when it goes up.

4 ( +9 / -5 )

Buying opportunity.

-4 ( +1 / -5 )

There may not be much a stock market left after WW3, after Grumpy bombs those 53 sites (cultural too) and the rest of the Muslim world goes ape-crap on us.

When Trump withdrew the US from the Iran nuclear deal in 2018, he justified his unilateral action by saying the accord was flawed, in part because the major restrictions on Iran ended after 15 years, when Tehran would be free to produce as much nuclear fuel as it wanted.

So now Iran is free to produce as much as it wants after a few years. Good one but probably by design.

3 ( +3 / -0 )

refill your car tank tonight for prevention. make water and food stock as well.

just a kind advice.

1 ( +2 / -1 )

But Abenomics promised a shining future for all....what happened? Where's his beautiful Japan. Have I been duped? I'm at a complete lose. Was going to cry on a shoulder but due to my wage being so pitiful + 10% tax can't afford that, I will just have to chew on my wrist.

4 ( +5 / -1 )

@citizan smith, oh yes it has. its dropped from 147 down to 141 yen to the pound from the other day

1 ( +1 / -0 )

drop the dollar !

-1 ( +1 / -2 )

Smart money will be selling at the top.

Depends in one’s definition of smart. Short term speculation is not easy.

Long term, I like a simple approach of buying something like the S&P 500 at a constant rate overtime. I don’t like Japanese stocks much, given that they are half their all-time highs, whereas US stocks actually go up over time historically.

It’s easier to make truckloads just mindlessly buying US stocks, than by Japanese stocks.

And who’d have thought gold futures would be hitting all time highs at the Tokyo Commodity Exchange? Kuroda’s monetary shenanigans might deserve some credit for that.

0 ( +0 / -0 )

 Smart money will be selling at the top.

Geo-political events are usually only short or medium term. Better to look at earnings outlooks, govt and BOJ policy guidance and macro fundamentals.

"...the fake printed money injected by GOV." 

In case you didnt read the story, the yen is one of the world's most coveted currencies right now, hardly "fake."

And there is no "printed money" by the government. The BOJ electronically credits financial institutions' accounts in its money creation, and if it didn't do that, there wouldn't be much money around, and you'd all be complaining even more.

0 ( +0 / -0 )

No cash moving is actually no money around, only numbers. Who are these people trying to kid ??? themselves ???.

1 ( +1 / -0 )

Well at least oil prices are up, the Saudis and Russians must be happy.

Donny sure is loyal to a fault, just not to his own country!!

5 ( +5 / -0 )

Well at least oil prices are up, the Saudis and Russians must be happy.

Donny sure is loyal to a fault, just not to his own country!!

Huh?

Top Oil producing countries:

United States. Production: 17,886,000 bpd. ...

Saudi Arabia. Production: 12,419,000 bpd. ...

Russia. Production: 11,401,000 bpd. ...

Canada. Production: 5,295,000 bpd

0 ( +0 / -0 )

Buy, buy, buy!

1 ( +1 / -0 )

Top Oil producing countries:

Isnt oil exporting countries more relevant here!!!

Duh!

0 ( +0 / -0 )

Isnt oil exporting countries more relevant here!!!

Duh!

Not at all. If you use it domestically it still is worth X per barrel. If the price goes up, you can charge more for it (and thereby make higher profits) Does not matter who buys it, the money is earned either way.

Duh, you say?

0 ( +0 / -0 )

Not at all. If you use it domestically it still is worth X per barrel. 

Thats not a very bright statement, I suggest you leave economics to the economists.

Do you understand what export means and how it benefits the country 'exporting'?

And as I said Duh.

1 ( +1 / -0 )

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