The Yen Carry Trade and Japanese Stocks: A Field Guide
How borrowing cheap yen links US rates, USD/JPY, and the Nikkei — why a sharp yen rally forces global deleveraging, and how to monitor carry stress with public Tokyo market data.
Nikkei 225
Nikkei Stages V-Shaped Rebound as Hormuz Fears Rattle Japan Stocks
The Nikkei 225 shrugged off a near-1,000-point intraday plunge to close up 0.74% at 67,743.50, as bargain-hunters overwhelmed early geopolitical selling. SoftBank, Advantest and the megabanks led the turn; the yen sat near 40-year lows at 162.34.
How Bank of Japan Policy Moves the Stock Market: A Practitioner’s Guide
From negative rates and yield-curve control to normalization: how BOJ meetings work, why banks rally when rates rise while exporters watch the yen, what the central bank’s legacy ETF holdings mean, and a practical checklist for reading the market reaction to policy statements.
Nikkei Sinks 1.9% as Hormuz Shock Hits Asia; Banks Defy the Slide
The Nikkei 225 fell 1.92% to 67,242.73 on Monday as Middle East escalation and an Asia-wide rout hammered chip stocks, while banks led a small band of gainers. Short selling ran at 38.9% of TSE turnover and the Nikkei VI held at stressed levels.
Nikkei Clears 68,500 as SoftBank Surges 10.7% on SQ Day — Short-Sell Ratio Stays Elevated at 41.6%
Tokyo ended the week with a tech-led advance: the Nikkei 225 rose 1.20% to 68,557.73 on options SQ day, SoftBank Group jumped 10.65%, and the yen firmed to 161.67. Beneath the rally, the TSE short-selling ratio held at an elevated 41.6% and 43% of loanable issues carried squeeze premiums.
How to Read the Tokyo Stock Exchange’s Daily Short-Selling Ratio
Short sales recently averaged around 38% of all Tokyo trading value — and that is normal. A practical guide to the TSE’s daily short-selling data: the two regulatory buckets, why a high ratio is not simply bearish, and how to cross-check it against weekly investor flows.