Japanese stocks extended their gains shortly after opening on the 17th. Financial stocks and trading houses attracted buying, while the yen traded at around ¥156 to the dollar. The dollar's rise following the U.S. FOMC's rate hike has paused, with the Bank of Japan's policy announcement due tomorrow.
Japanese stocks extended their gains shortly after opening on the 17th, with buying in financial stocks and trading houses. Buying interest was relatively strong at the start of trading.
The yen is trading at around ¥156 to the dollar. The dollar's rise following the rate hike by the U.S. Federal Open Market Committee (FOMC) is reported to have paused.
The market is awaiting the Bank of Japan's monetary policy announcement tomorrow, and attention is focused on how markets will develop.