The Nikkei Volatility Index fell to 28.15 in the Japanese stock market on the 17th. Buying was encouraged by the rate hike decided after the FOMC, but caution persisted ahead of the Bank of Japan's monetary policy meeting and a press conference by BOJ Governor Ueda Kazuo (植田 和男).
The Nikkei Volatility Index stood at 28.15, down 0.29 points, or 1.02%, from the previous day, while buying led the Tokyo market. Following yesterday's FOMC decision to raise rates by 0.25%, buying that had previously been held back was more likely to emerge.
In Japan, the announcement of the Bank of Japan's monetary policy meeting results and a press conference by BOJ Governor Ueda Kazuo (植田 和男) are scheduled for tomorrow, and caution persisted.
Nikkei 225 futures faced resistance on the upside after trading began today. As a result, the mood of caution over rising volatility did not ease, and the Nikkei VI posted only limited gains during trading before turning lower toward the close.