Tuesday: Global rout widens after Nikkei crash & yen surge

The rout in global markets triggered by US recession fears and the unwinding of the yen carry trade ripped through markets overnight, although there are signs of it easing up this morning.

In our bonus deep dive interview, we spoke to ANZ’s Head of FX Research Mahjabeen Zaman after a day of turmoil in Asian markets to find out what on earth was going on.

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