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Autumnal Equinox Day is a Japanese public holiday used to mark the changing of the seasons and to pay respects to deceased ancestors. It is a day of rest where financial markets in Japan, including the Tokyo Stock Exchange, are closed. This holiday contributes to lower trading volumes in the Asian session and affects Yen-based liquidity.
The date is determined by astronomical calculations of when the sun crosses the celestial equator. It is officially designated as a national holiday by the Japanese Cabinet Office.
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