Crude oil fell 1.8%, while the Nikkei Average was temporarily down ¥1,492. The United States' move to exempt Russia from additional sanctions and the performance of US tech stocks became the market's focus.
In the crude oil market, prices fell by around 1.8%, contributing to downward pressure in U.S. markets. Crude oil movements also affected the Nikkei Average.
In Japan, the Nikkei Average temporarily fell sharply, recording a decline of ¥1,492 during trading hours. The decline in crude oil and developments in U.S. markets were cited as the background.
According to the reports, speculation spread that the United States may waive additional sanctions against Russia, and that this was linked to market uncertainty.
Market participants continue to focus on developments in crude oil prices and movements in U.S. equity markets, particularly tech stocks, as the outlook unfolds.