Shigeru Ishiba, former secretary-general of the Liberal Democratic Party of Japan, was elected president of the Liberal Democratic Party and took over the position of prime minister. This news triggered violent fluctuations in the Japanese financial market. The yen staged a "big reversal", and the exchange rate against the US dollar soared sharply, while the Nikkei 225 index futures once fell by more than 2,000 points, triggering the circuit breaker mechanism!

Shigeru Ishiba supports steady interest rate hikes. It is expected that the Bank of Japan will raise interest rates three times next year. Starting from January, the key interest rate will be raised from 0.25% to 1.0%. The yen carry trade has not yet ended, and the US money market fund has recorded a net outflow of funds for the first time in 9 weeks.

Although the Nikkei index has rebounded well since the plunge on August 5, it has been oscillating at a high level for 7 months after hitting a record high. It is not ruled out that there will be a second or even third August 5 plunge (this is the original words of the analysis of the article on the 24th)

⚠️We need to be highly vigilant. If there is one, there will be two or even three. This is the way of heaven, which is not subject to human will. I hope you don’t take the opportunity to cause trouble! ! ! $BTC $ETH $SOL #HMSTR开盘 #美国二季度核心PCE符合预期 #美国8月核心PCE创4月以来新高 #美联储11月降息预期升温