The Bank of Japan decided to raise interest rates at its Monetary Policy Meeting on 18 September, and the market responded as expected. Attention is once again turning to whether the Nikkei 225 will move into an uptrend.
The Bank of Japan decided to raise interest rates at its Monetary Policy Meeting on 18 September. The market is said to have responded while pricing in the decision.
Attention is focused on developments in the Nikkei 225's daily chart, with some views suggesting that the next hurdles to clear before it enters an uptrend are becoming apparent.