TOKYO: A United States (US) central bank meeting and Japanese earnings will be among the trading cues for investors next week after Tokyo´s benchmark index broke through the key 20,000 points level in the past few days.
Markets are keen to see what the Federal Reserve says about an interest rate hike after a mixed bag of data threw into question the strength of the world´s top economy.
“It is going to be an eventful week and one of the key events is the FOMC (Federal Open Market Committee)” meeting, said Toshikazu Horiuchi, a broker at IwaiCosmo Securities.
“We don´t expect any (policy) change this time, but we want to see what is in the Fed´s post-meeting statement.
“The Bank of Japan will also hold a board meeting. I don´t think there will be any surprises either, but we cannot relax before seeing its decision.”