SINGAPORE — Shares in Asia-Pacific declined in Thursday morning trade as investors await the Bank of Japan’s latest monetary policy announcement.
The Nikkei 225 in Japan declined 1.2% in early trade while the Topix index shed 1.13%. Retail sales in Japan fell 0.6% in September from a year earlier, according to government data released Thursday.
The Bank of Japan is also set to announce its latest monetary policy decision on Thursday. The central bank is expected to hold steady on policy, according to Reuters.
MSCI’s broadest index of Asia-Pacific shares traded 0.06% lower.
Overnight stateside, the Dow Jones Industrial Average dropped 266.19 points to 35,490.69 while the S&P 500 slipped about 0.51% to 4,551.68. The Nasdaq Composite was flat at 15,235.84.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.888 — still off levels around 94 seen recently.