As of 14:05, the Nikkei 225 VI had risen to 34.84, up 2.67 from the previous day. Although selling led the Tokyo market following declines in U.S. stocks, the firm downside in Nikkei 225 futures indicated that caution was easing.
As of 14:05, the Nikkei 225 VI stood at 34.84, up 2.67 from the previous day, or 8.30%, with its gain narrowing toward the afternoon. The day’s high was 39.92 and its low was 34.60.
Selling led the Tokyo market following the previous day’s decline in U.S. stocks. Nikkei 225 futures opened lower, but held firm on the downside after trading began, and the mood of caution over a sharp rise in volatility eased from the morning.
The Nikkei 225 VI is an indicator of the magnitude of expected market fluctuations over the following month. It tends to rise when the Nikkei 225 falls sharply and is normally negatively correlated with the Nikkei 225. It also tends to return to a certain range after a sharp rise.
Based on these developments, concerns about the profitability of AI investment and rising crude oil prices remain factors warranting caution, but the potential for a rebound in futures and firm downside support were evident, and the rise in the Nikkei 225 VI is moving toward a narrower range.