The Nikkei VI was 30.93 as of 14:10, down 0.03 points from the previous day, edging lower. The high was 31.99 and the low was 30.92. Buying led the Tokyo market, while into the afternoon the view that share prices would remain firm on the downside was maintained.
The Nikkei VI was at 30.93 as of 14:10, down 0.03, or 0.10%, from the previous day. The intraday high was 31.99 and the low was 30.92, with the index moving above the previous weekend's level in the morning.
Buying led the Tokyo market, and Nikkei 225 futures opened higher. While fading expectations of a US rate hike supported share prices, uncertainty over the outlook for Iran and rising domestic long-term interest rates were cited as sources of concern.
Thereafter, market caution toward the Nikkei VI eased again into the afternoon, and the index moved slightly below the previous weekend's level. The Nikkei VI moved from a state in which the market had been excessively wary of future volatility toward eased concern over downside firmness. The Nikkei VI is an indicator of the expected volatility of the Nikkei 225 over the next month.