Reports of BOJ ETFs buying lifts Nikkei higher

Dhwani Mehta FXStreet

The Japanese benchmark, the Nikkei 225 index, turns positive and reverts towards daily tops of 19,597.50, having staged a recovery from 19,498 lows. The recovery is mainly attributed to the latest headlines, citing that the Bank of Japan (BOJ) is said to be buying ETFs of the Japanese stocks.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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