With Japanese and U.S. central bank policy meetings approaching, the market is expected to remain in a wait-and-see mood, with Japanese stocks on the 14th expected to see the Nikkei Stock Average trade around the ¥64,000 level.
The market on the 14th is believed to have remained in a wait-and-see mood from the opening, ahead of Japanese and U.S. central bank policy meetings. The Nikkei Stock Average has been trading in the low ¥64,000s, with no major movement from the previous day.
The Nikkei Stock Average closed at ¥64,011.34, down ¥1,259.61, or 1.93%, from the previous day. Major markets also showed generally weak price movements.
The 33 TSE sectors showed 11 rising and 22 falling, with generally bearish trends standing out. The market remains cautious ahead of the policy meetings.