Nikkei rebounds after Japan selloff

Japan’s equity market added more than ¥30 trillion, or roughly $183 billion, as the Nikkei surged 2.1% after the recent selloff.
The move looks like a sharp relief bounce after risk was aggressively repriced lower.
For $EWJ, the key signal is whether buyers can turn this rebound into follow-through or whether it fades into another lower high.
Japan remains one of the more important global equity markets to watch as investors rotate between defensive positioning and renewed risk appetite.