Following the US Federal Reserve's decision to raise interest rates, US stocks have come under selling pressure and the yen has remained biased lower, while semiconductor stocks have rebounded. Nikkei 225 futures rose, and focus in the Japanese market is expected to shift to the Bank of Japan's policy meeting.
Following the US Federal Reserve's decision to raise interest rates, US stocks came under selling pressure. Market participants continue to assess the size and sustainability of the rate hikes.
The yen showed a bias toward weakness against the dollar, and fluctuations in the foreign exchange market are expected to affect the direction of the Japanese stock market as well.
Meanwhile, semiconductor-related stocks saw some buying back, and a rebound in related issues was observed.
Nikkei 225 futures remained in positive territory in today's trading, and focus in the Japanese market is turning to the upcoming Bank of Japan policy meeting.