Japanese Stock Flat, Investors Anticipate BOJ Pivot

Stocks in Japan were flat Friday, as investor anticipation grew ahead of the Bank of Japan (BOJ) monetary policy meeting.

The Nikkei 225 index closed down 0.09 percent at 32,391.26 points.

The Bank of Japan is scheduled to hold its meeting on July 27-28, amid expectations that it will pivot its loose monetary policy, after inflation prints came in stronger than expected.

The Yen, long considered a safe haven currency, reached a two-months high in today's session of 137.245 Yen for a US Dollar. The currency is also set to record its best weekly performance against the Dollar since January.

Source: Qatar News Agency