Is the yen carry trade about to rock the markets again?
Last month's market mayhem isn't over yet!
The yen carry trade unwind, which caused a massive stock sell-off in August, continues to be a risk. Japan's surprise interest rate hike is shaking things up, forcing traders to cover their positions and causing volatility in U.S. tech stocks and beyond.
With the Bank of Japan set to hike rates further if the economy stays strong, we could see more turbulence ahead.
#StockMarket #CarryTrade #Yen #bursa
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