Tokyo stocks open lower ahead of key US data, ECB | Money

Tokyo stocks open lower ahead of key US data, ECB | Money

The benchmark Nikkei 225 index was down 0.13 per cent or 37.51 points at 28,823.29 in early trade, while the broader Topix index slipped 0.21 per cent or 4.14 points to 1,953.00. — Reuters pic
The benchmark Nikkei 225 index was down 0.13 per cent or 37.51 points at 28,823.29 in early trade, while the broader Topix index slipped 0.21 per cent or 4.14 points to 1,953.00. — Reuters pic

TOKYO, June 10 ― Tokyo stocks opened lower today in cautious trade ahead of US inflation data and the European Central Bank’s policy meeting later in the day.

The benchmark Nikkei 225 index was down 0.13 per cent or 37.51 points at 28,823.29 in early trade, while the broader Topix index slipped 0.21 per cent or 4.14 points to 1,953.00.

“Tokyo share trade is seen moving in a narrow range ahead of the key US consumer price index and the ECB meeting,” Okasan Online Securities said in a commentary.

The dollar fetched ¥109.62 in early Asian trade against ¥109.63 in New York late…

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