The Federal Reserve dropped 50 basis points! After Powell came out, the market reversed rapidly, gold hit the 2600 mark and fell by more than $50; after the pager, Hezbollah's walkie-talkie also exploded... What major events happened in the world yesterday and this morning?
On August 5th, driven by the plunge in peripheral stock markets, a number of cross-border ETFs continued to decline, with the Nasdaq Technology ETF (159509) falling by more than 9%, the Topix ETF (513800) and the Nikkei 225ETF (513880) falling by more than 7%, and the Nasdaq ETF (513300), Nikkei 225ETF E Fund (513000), Nasdaq ETF (513100), and Nikkei ETF (159866) falling by more than 5%.
On July 11, the US dollar against the Japanese yen USD/JPY fell by 2.00% during the day, reaching a low of 158.36, a new low since June 20.