The Nikkei Average Volatility Index (an index showing how investors anticipate the magnitude of future market fluctuations) fell slightly to 29.07 on the 6th, -0.02 (0.07% decline rate) compared to the previous day. Note that the high price is 29.42, and the low price is 28.09. While yesterday's US stock market was highly variable depending on the index, making it difficult to use as a clue, buying took precedence in the Tokyo market today, Nikkei 225 futures rose, and Nikkei VI began with a decline. After the start of trading, Nikkei 225 futures began to decline, but the lower price was firm, and market sentiment did not deteriorate significantly. Meanwhile, there was also a sense of caution against the August employment statistics to be announced tonight in the US, and mitigation of the mood to be wary of heightened volatility was limited, and the Nikkei VI afternoon generally remained close to yesterday's level.

[What is Nikkei Average VI]

The Nikkei Average VI is a numerical value representing the magnitude of fluctuation (volatility) of the Nikkei Stock Average over the next month as expected by the market. There is a characteristic of a sharp rise when the Nikkei Stock Average plummets, and there is usually a weak reverse correlation with the Nikkei Stock Average. On the other hand, it also has the characteristic of returning to a fixed range (about 20 to 30) after the numerical value rises rapidly.