Nikkei 225 extends losses, down by more than 6% on the day

The rout deepens for stocks in Asia

As I write this, it just keeps heading lower and lower. The Nikkei is now down 6.70% so far today, and it's 12.30% off the highs posted this year.

And with that, USD/JPY is now touching session lows on the day at 108.55.

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