"The market is getting nervous about going into the ECB meeting"
- Nader Naeimi, head of dynamic asset allocation at AMP Capital Investors Ltd.
Japanese stocks closed slightly higher on Thursday ahead of European Central Bank meeting.
"The macro backdrop is quite challenging and growth conditions are fragile obviously," said Nader Naeimi, Sydney based head of dynamic asset allocation at AMP Capital Investors Ltd.
"The market is getting nervous about going into the ECB meeting. There's a lot of speculation on the ECB about what they will do."
The Nikkei 225 Stock Average rose 0.01 per cent, or 0.75 points, to 8,680.57. The broader Topix Index gained 0.13 per cent, or 0.91, to 719.00.
© Dukascopy Bank SA