JJapan Finance

Nikkei index down 7% this morning

  • March 9, 2026

…and still falling.

As expected East Asian economies are heavily at risk from rising oil prices. About 90% of Japan’s crude comes from the Middle East.

by Bob_the_blacksmith

14 comments

  1. Anyone have ideas on how to best weather the upcoming months/years? We are likely headed towards a deep recession with skyrocketing inflation to boot. Markets will recover but inflation is sticky and hurts a lot of people already struggling day to day.

  3. USA 🇺🇸USA!! Sad to say, when world in chaos, US market and USD hold up better than Asia market. Strategic moves by trump I would say.

  5. Japan has 250+ days of oil demand cover. Its energy is mostly generated from Australian gas which have contract rates locked in. Japan and other Asian markets are simply facing the reversal of the “sell US buy Asia” trade. Oil futures are also showing that markets are pricing a short-term shock.

  6. Just to paint you a picture how bad the situation is:

    This will continue, my thesis which put months ago was arguing that Japan will face a historical crisis: the drop will until we hit the impossible questions for BOJ: hike, hold or cut?

    All will lead to a worst off environment:

    Hold signals no good options, worsen fear
    Hike kills the bond market and the struggling SMEs
    Cut means stagflation or even hyperinflation

    There isn’t a good options, MOF will certain in days to announce fx option to buy time.

    But we also have the AI capex bubble that send Asia market on free ride, but this will backfire as the oil inflation beat in

    Meanwhile Takaichi has to pass her budget within this month…which caused the market in panic mode since then…

    Trust me bro, at worst it is a solvency debt crisis approaching…better to hold your cash and wallet tight in the right currencies.

    Edit: adding a few lines, also please just take this as my personal opinion

  8. What “Fun times” we are in…

    Likely to get worse, so better strap in and enjoy the ride.

  9. I really wish I had taken profits after the lower house election, but there’s no use thinking about it now.

  10. Still up 15% YTD with my sogo shosha shares, comfortable with my margin of safety.

  11. G7, the most powerful alliance in the world including the US just decided to release their oil reserves to ease up the oil prices. Nikkei will go up the next morning.

  13. I literally just started investing about 2 weeks ago and now this happens. How screwed am I

  14. Haha what east Asian economies? My Chinese stocks flew today. Probably fly more tomorrow

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