Japanese stocks closed lower on Friday

Source: Dukascopy Bank
"Investors are worried the BOJ may tighten its monetary policy, not ease it"
- Koichi Kurose, chief economist at Resona Bank Ltd.

The Nikkei 225 fell 0.43%, or 40.94 points, to 9,520.89. The broader Topix retreated 0.72%, or 5.83, to 804.27.

"Investors are worried the BOJ may tighten its monetary policy, not ease it," said Koichi Kurose, chief economist at Resona Bank Ltd. in Tokyo.

"The BOJ statement says that there's a high probability that the consumer price index will reach 1 percent before long. That's the most negative part here."

© Dukascopy Bank

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