Nikkei extends decline on profit taking; Wall Street cautiously flat ahead of Fed meeting - Mon 28 Jul 2025
Nikkei 225 Summary
Nikkei extends decline on profit taking; Wall Street cautiously flat ahead of Fed meeting - Mon 28 Jul 2025
Nikkei extends its decline for a second day on continued broad-based profit taking.
Meanwhile, Wall Street is trading flat ahead of the Fed's policy meeting on Tue, Wed (29-30 July); investors are keen to know if Fed chair Powell will bow to Trump's pressure to cut interest rates in July.
Nikkei225 40,998.27 (-457.96 -1.10%) 98 up 126 down 1 flat
JGB 10YR 1.554% (-0.047)
USD/JPY 148.48 (+0.82 +0.56%)
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