Strong 8.9 earthquake in northern Japan triggering 30 foot tsunami - What does this mean for financial market stability?

The terrible major earthquake in 2004 mainly affected Indonesia and Thailand without global consequences.

Japan is well prepared when it comes to dealing with earthquakes and tsunamis. The warning system is very reliable. The population knows what to do because of regular nationwide drills. But Japan is an economic superpower. How will today’s quake affect the rest of the world?

As far as I can tell the tsunami will soon reach Alaska and Hawaii as well.