Thursday, 28 July 2016

Asia Opens Mixed; Nikkei Down 0.7%, Kospi up 0.2%

Asia markets opened mixed on Thursday, ahead of another earnings-heavy day and the start of the Bank of Japan's (BOJ) two-day policy meeting. Australia's ASX 200 was up 0.27 percent, with the materials sub-index advancing 1.12 percent in early trade. In Japan, the Nikkei 225 dropped 0.7 percent, while the Topix fell 0.87 percent. 

Across the Korean Strait, the Kospi was up 0.15 percent. The BOJ is set to begin its two-day monetary policy meeting on Thursday. Influential Japanese business daily Nikkei had previously reported that BOJ officials were looking at multiple stimulus proposals ahead of the central bank's policy meeting. 

The Nikkei reported the main options were to cut interest rates beyond the current level of negative 0.1 percent, buy more Japanese government bonds on top of the current 80 trillion yen annually, or expand purchases of other assets such as exchange-traded funds.

For More Information Stock advisory company indore,Share Market Tips,stock advisory tips,best stock advisory company in indore,Nifty Future Tips,currency Tips,Stock Option Tips, Future&Option Tips,stock cash tips,Nifty Option Tips,Bullion tips And call us :-9827808090.

No comments:

Post a Comment