Focus: Weakness in global stocks, the impact of a rebound in carry trade is greater than the US economic outlook

8/6/2024 11:57 AM GMT+9

Analysts see that global stock depreciation over the past few days is more affected by a rebound in “carry trade,” which aims for high returns by making full use of borrowing, than rapid changes in the US economic outlook.
The trigger for the simultaneous global stock depreciation was that the July US employment statistics announced on the 2nd fell below expectations, but it is said that the fact that the Nikkei Stock Average was hit by a drastic drop over the day after “Black Monday” in 1987 on the 5th cannot be explained by employment statistics alone.