Nikkei 225 Futures Plunge as BOJ Keeps Monetary Policy Unchanged
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Nikkei 225 Stock Average futures tumbled, reversing an earlier gain, after the Bank of Japan stood pat on monetary policy when most economists were expecting further stimulus.
Contracts on the measure traded in Singapore sank 3.4 percent as of 12:07 p.m. in Tokyo after rising as much as 1.8 percent before the central bank’s announcement. The BOJ kept its bond-buying program at 80 trillion yen ($733 billion) a year and made no changes to its negative-interest rate or its program for purchasing exchange-traded funds.