Asian markets traded mixed as investors watched Japan’s BOJ rate decision and global cues on inflation and tech shares.
The Bank of Japan raised its policy rate to 0.75%, the highest in 30 years, to fight persistent inflation.
Japan’s Nikkei index rose ~0.6–0.7% ahead of the BOJ decision as markets reacted to global sentiment.
South Korea’s Kospi climbed around 0.5%, reflecting broader Asian gains on positive global cues.
GIFT Nifty futures showed a 67-point rise, hinting at a positive start for Indian markets on global optimism.
Japan’s core inflation held at 3.0% in Nov, above the BOJ’s 2% target, providing momentum for the rate hike.
US markets gained: S&P 500 up 0.8%, Nasdaq rose 1.3%, lifting Asian sentiment.
Hong Kong’s Hang Seng gained ~0.5%, while China’s CSI 300 edged up slightly as investor caution eased.
Investors will track BOJ comments, US inflation data, and tech earnings for cues on rate paths and market direction.