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Asian equities shaken by Japanese rout

FXstreet.com (Barcelona) - Last weeks cataclysm across equities proved to be the initial quake, while this week Japanese markets have experienced aftershocks. Thursday has culminated in a grisly day for the aforementioned equities, leading the decline across the board amidst a deeper correction that is already eating away at the substantial YoY gains.

Beginning with the indices and composites, the Shanghai fell -0.27% as it settles in region of 2317.75, down -6.27 points in these moments. In addition, the Nikkei 225 is again trading in negative territory, operating at just 13589.43, following a catastrophic plunge of -737.43 points or -5.15% at the time of writing. Finally, the Hang Seng Index has edged lower today, trading in the zone of 22484.31, presently -0.31% after a movement of -70.62 points.

Moving to commodities the prices of gold and silver are trading at USD $1406.75 and $22.69 per oz. respectively. Moreover, the price of crude dove to USD $94.82/bbl Thursday.

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