Nikkei 225 · March 2, 2016
Three weeks past the bottom
+4.11%
single-day change vs previous close
Part of a longer stretch
Two and a half years the world rose together
early in it · 2016-02-12 → 2018-10-02, +62.32% over the whole period
What happened that day?
- On 2 March 2016 the Nikkei 225 rose 4.11%
- 12 February had been the low of that stretch — the bottom after negative rates backfired
- Expectations were spreading that central banks would ease again. The European Central Bank did expand that month
- China also cut bank reserve requirements to support its market
- Oil was turning up from below thirty dollars
- No single trigger can be pinned to this day
- The index had been 25.29% below its peak in this stretch
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.