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Asia markets poised for mixed session ahead of Bank of Japan decision


The Bank of Japan headquarters in Tokyo.

Bloomberg | Getty Images

Asia-Pacific markets were set for a mixed session ahead of a key monetary policy decision by the Bank of Japan, and fresh economic data points throughout the region.

The Bank of Japan will conclude its two-day policy meeting later in the day, with investors watching for any signs of the central bank raising its inflation forecasts.

It is also expected to discuss further adjustments to its bond yield control.

Japan’s Nikkei 225 is also set to fall ahead of the July inflation reading, with the futures contract in Chicago at 30,600 and its counterpart in Osaka at 30,570 against the index’s last close of 30,696.96.

Futures for Hong Kong’s Hang Seng index stood at 17,393, pointing to a weaker open compared to the HSI’s close of 17,406.36.

In Australia, the S&P/ASX 200 opened 0.54% higher.



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