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Markets Are Falling After Rough Day In Japan

By on January 16, 2013

tokyo shibuya

Markets are falling across the board.

US futures are down modestly.

Europe is down (Italy off 1%, Germany down 0.2%, Spain down 0.6%, France down 0.3%).

This all follows a brutal session in Japan where the Nikkei 2.56%.

The big story there: A sharp yen strengthening. Investors have been loving the weakening yen, so the snapback here has caught equity by surprise.

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