Traders will be watching the Bank of Japan's rate decision, with economists polled by Reuters expecting the bank to raise rates to 0.1%.
Should the bank raise rates, this will mark the first time since 2010 that its benchmark interest rate stands firmly at 0.1% or higher. Asia-Pacific markets were mixed on Wednesday as investors awaited the Bank of Japan's rate decision and China's business activity data.other analysts are expecting a larger hike.Australia's second-quarter inflation numbers are also in focus for clues on the Reserve Bank of Australia's moves at its next monetary policy meeting on Aug. 6.fell 0.84% ahead of the BOJ decision, while the broad-based Topix was down 0.4%, with both indexes paring some losses.
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