CNBC Worldwide Exchange February 9, 2016
Overnight. Big story. Many markets are still closed for the Lunar New Year holiday, but the ones that were open got absolutely slammed. The nikkei in japan closing down 5. 4 . Its been dropping for five of the last six sessions. Main culprit, the dollar versus the japanese yen, dropping to its lowest level since november 2014. A strong japanese yen, a weak u. S. Dollar. Japans finance minister calling the yens moves, quote, rough, and saying hell be watching it closely. As youd expect, exporters in the japanese market closed down sharply. Toyota, nissan, honda, and sony all among the biggest l...