Nikkei 225 · December 1, 2015
A two-month retrace
+18.20%
trough back to the old high
42 trading days · 2015-09-29 → 2015-12-01
this undid the slide that began 2015-08-20
What happened that day?
- From the low on 29 September 2015 to the high on 1 December, the Nikkei rose 18.2% over 42 trading days
- The China shock spread the expectation that central banks would ease further
- The European Central Bank signalled more easing, and the US was delaying its rate rise
- The Bank of Japan was also expected to expand. In the event it did not move that October
- When central bank expectations are what lift a price, the price falls as soon as those expectations miss
- The rebound ended in two months, and a larger fall began early the next year
Sources
Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.