Futures show the Nikkei 225 gaining more than 6% when it reopens on Aug 6, following a 12% slump that was the worst one-day decline in yen terms.
Hong Kong and Sydney shares look more steady, suggesting traders may be ready to catch their breath following a dramatic day in which Wall Street’s “fear gauge” — the VIX — at one point registered its largest spike in data going back to 1990.
While the S&P 500 pared some of its losses to finish 3% lower on Aug 5, it still suffered the biggest plunge in about two years amid strong trading volume.
The tech-heavy Nasdaq 100 saw its worst start to a month since 2008. Still, futures show both those indices may gain when US trading begins later on Aug 6.