Asian markets took a hit today as stocks dipped across the board. Meanwhile, the Japanese yen is showing unexpected strength following recent comments from Bank of Japan Governor Kazuo Ueda. His remarks have reignited speculation about potential rate hikes, giving the currency a boost. Traders are now recalibrating their positions as rate hike expectations climb. Worth keeping an eye on how this ripples through risk assets and crypto markets, especially if the yen carry trade starts unwinding again.