Japanese Yen and Market Volatility

This chapter examines the recent fluctuations of the Japanese yen and their significant impact on global markets, especially in light of the Bank of Japan's interventions. It discusses the resilience of the Japanese equity market despite current turbulence, as well as the implications of the yen carry trade unwinding and a notable sell-off in the Nikkei. The chapter also analyzes Japan's corporate strategies and potential policy shifts from the Bank of Japan amid concerns about economic stability.