Last night BOJ governor Ueda reiterated that the BOJ is going to continue tightening. That’s when S&P futures tanked and commodities imploded.

Bank of Japan Governor Kazuo Ueda submitted a document to a government panel suggesting that the central bank will continue to raise interest rates if the economy and prices perform as expected by the BOJ t.co/M4j3ODEo0B

— Bloomberg Markets (@markets) September 3, 2024