Want to create an interactive transcript for this episode?
Podcast: Market Depth
Episode: Japan Finally Breaks And Takes Global Equity Markets Down
Description: After hitting new three-decade-highs day after day, Japan's incredible equity market rally finally comes to an end. Notably, Japan's market direction, both to the upside as well as down, has been driving the broader global equity markets directionally in tandem - putting in the top tick on index futures down to the minute.Weston Nakamura dives into futures markets daily trading data from Japan Exchange and analyzes exactly who was buying, and who was selling, by participant - and finds that despite the downturn in the Nikkei 225 and TOPIX indices, foreigners remain net buyers of Japan equities...