Asia-Pacific Markets React to Bank of Japan's Rate Decision Anticipation

As the financial world turns its eyes towards the Bank of Japan's impending rate decision, major stock indexes across the Asia-Pacific region have shown mixed reactions. This comes in the wake of recent data from Japan's Finance Ministry revealing a significant merchandise trade surplus of ¥584.5 billion for February.
Market Movements Across the Region
Japan's Nikkei 225 saw an uptick, gaining 0.59% by 3:12 am CET, signaling optimism among investors. Conversely, Hong Kong's Hang Seng index faced a slight decline, dropping by 0.36% at the same time. South Korea's Kospi, however, experienced growth, increasing by 0.65% shortly after. The Chinese markets told a different story, with the Shanghai Composite and Shenzhen Composite indices both experiencing losses. Meanwhile, Australia's S&P/ASX 200 remained stable, showing no significant change.
Currency Markets Hold Steady
In the currency markets, the dollar remained steady against the yen, trading at 149.36900 by 3:17 am CET, as investors await further cues from the Bank of Japan's rate decision.
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