Tokyo Stocks Rise Ahead of BOJ Meeting

Tokyo stocks rose in early trading Tuesday amid anticipation of hints at further monetary easing following a two-day Bank of Japan policy meeting that will wrap up later in the day.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 164.81 points, or 0.92 percent, from Monday to 18,130.51. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 9.14 points, or 0.62 percent, to 1,471.55.

Gainers were led by foods, agriculture and fisheries and pulp and paper issues.

via Mainichi

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza