This is my first post on this platform, and it is of an urgent nature.
- The circuit breaker for the Topix index has been triggered.
- Gold is exhibiting moderate short signals due to a sell-off, which is being used to provide sufficient margin for open trades.
- Japan's two largest banks, Sumitomo Mitsui Financial Group (SMFG) and Mitsubishi UFJ Financial Group (MUFG), are experiencing significant declines, down 16% and 21% respectively. This situation is comparable to a crash of JP Morgan in the United States, significantly impacting Japan's economy.
- As a result of these stock collapses, the Nikkei index is also plummeting.
- Trading of Japanese stocks has been halted.
- In addition, cryptocurrencies are experiencing a significant downturn, with Ethereum (ETH) dropping 20% within five minutes.
I am currently anticipating a short squeeze of the Yen. Should this occur, it will have substantial implications for the global economy, adversely affecting both the US and European markets.
For more detailed information on this topic, more macro economic events and professional insights, please refer to my Medium and social media channels accessible through my digital business card at https://pxl.to/sw