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Nikkei flat ahead of BOJ decision

A woman is reflected on an electronic monitor displaying a graph of Japan's Topix index in Tokyo June 8, 2012. REUTERS/Yuriko Nakao

A woman is reflected on an electronic monitor displaying a graph of Japan's Topix index in Tokyo June 8, 2012.

Credit: Reuters/Yuriko Nakao

TOKYO | Wed Jul 11, 2012 8:06pm EDT

TOKYO (Reuters) - Japan's Nikkei share average was flat at Thursday's open, with investors awaiting the outcome of a Bank of Japan policy meeting. The central bank is expected to hold off on further policy easing despite slowing global growth.

The Nikkei was flat at 8,851.37 while the broader Topix .TOPX was also unchanged at 757.02.

($1 = 79.6600 Japanese yen)

(Reporting by Sophie Knight; Editing by Edwina Gibbs)
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Comments (1)
mick68 wrote:
Yep, their 24th(?)policy easing is going to do the trick. I know the last 23 did nothing but this time I got a good feeling about it.

ROFL!! Central bankers lost this battle long ago. All that’s left is for the bottom to fall out in one gigantic collapse.

Jul 11, 2012 10:08pm EDT  --  Report as abuse
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