The Nikkei Average fell after the quake. However long term global consequenses are unlikely, says seniorstrategist Ib Fredslund Madsen.
An 8,9 magnitude earthquake hit northern Japan today triggering a massive tsunami. The financial markets reacted instantly sending down the stocks in Tokyo.
The last major earthquake hit Japan in 1995 and did not have a long term affect on the global market.
Video Courtesy of en.jyskebank.tv