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Why Is The Nasdaq Rallying?
Market Depth
The Nikkei Cash Index Crash
Japan's Nikkei fell nearly 4% from its peak to floor on Wednesday. Two waves of selling hit the index, one via Turkish Lyros minus 7% intraday drop and second by Japan officials openly discussing unloading Bank of Japan's 37 trillion ETFs at book value. 30 trillion yen was wiped out in market value within the span of what 10 trading hours for world's best performing DM cash equity market.
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