U.S. Policy Stalls Nikkei
Investors in Asian-Pacific markets, such as Japan's Nikkei 225, were cautious this week as they awaited comments from central bankers about U.S. monetary policy at the Jackson Hole meeting. The cautious sentiment was compounded by the Tokyo core inflation rate in August coming in slightly below expectations, and the overall inflation rate dropping compared to the previous month. With so much uncertainty in the air, investors have been holding off on making any investment decisions in the Asian-Pacific markets until they have a better idea of the future.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:03 Investors in Asian Pacific markets such as Japan's Nikkei at 225 were cautious this
00:07 week as they awaited comments from central bankers about US monetary policy at the Jackson
00:12 Hole meeting.
00:13 The cautious sentiment was compounded by the Tokyo core inflation rate in August coming
00:16 in slightly below expectations and the overall inflation rate dropping compared to the previous
00:21 month.
00:22 With so much uncertainty in the air, investors have been holding off on making any investment
00:26 decisions in the Asian Pacific markets until they have a better idea of what the future
00:30 holds.
00:31 For all things money, visit Benzinga.com
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