Weekly market review Aug 5 – 9 , 2024 ( Yen strength is still exerting gravitational pull on worldwide stock market, WHEN will yen strength decline ? )

Will BoJ do something stupid again ? this is a question that is on everyone mind. It’s not inconceivable for BoJ governor to turn hawkish to cause an earthquake to erupt again. And as usual, we need to look to USDJPY and Nikkei 225 for clue again in the week ahead.  

Nikkei 225 and USDJPY movement is still an important contextual info