Is Another ‘Black Monday’ Type Market Crash In The Making?

Quick Summary:

Hedge funds and corporate clients are gradually getting back to using popular Japanese yen-focused carry trade to invest proceeds into high-yield assets.

Japanese yen carry trade that crashed stock and crypto markets globally is making a comeback.

Are these early signs of another Black Monday?

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: IndiaAustraliaJapan

Topics: 24/7 Cryptocurrency News Crypto market crash Nomura Market crash Bank of Japan

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 06:46:47 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 528 words

Reading Time: 3 minutes read

Sentences: 46 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22096350

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 13 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #59

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