Panic in the international stock markets caused the opening of trading in Asia and the Pacific. Unfavorable US employment data and the situation in the Middle East have set off a domino of losses on Monday.
The Nikkei fell more than 12%. In fact, according to Reuters, this was the worst day for the Nikkei index since 1987.
Read about it: Stock markets: Global sell off in the markets – “Plunge” and in the XAA
Among other things, the worst performers on the Japanese stock market are recorded in shares of banks and insurance companies. All this while waiting for the opening of the European markets which are very likely to be directly affected by the image that prevails in Asia.
Cryptocurrency markets are also being hit hard. Bitcoin fell below 10% while Ether also fell sharply.
All this is taking place while the global sell-off, the sell-off of shares, continues, amid concern over both the situation in the US and the drums of war beating in the Middle East
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