Japanese Shares Open Lower on New Trump Tariffs, Looming BOJ Meeting
MT Newswires Live
Jan 19
Japanese equities opened lower on Monday amid renewed concerns over global trade tensions, with the Nikkei 225 dropping 546.1 points or 1% to open at 53,390.05.
This followed U.S. President Donald Trump's proposal for new tariffs on eight European nations, starting at 10% in February, as the U.S. leader threatens to take control of Greenland.
At home, investor attention shifts to the upcoming Bank of Japan policy meeting, which creates potential for significant yen volatility.
In a recent survey by Bloomberg News, economists anticipate rates will remain unchanged at 0.75% at the BoJ's upcoming Jan. 22-23 meeting.
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