Europe seen lower after Fed, BOJ decisions. Stocks are expected to open lower on Thursday as markets digest the latest central bank decisions from the U.S. Federal Reserve and Bank of Japan.
Following the BOJ's decision, major Japanese exporters saw their shares tumble, with Toyota, Nissan and Honda down between 3 and 4.26 percent. Japanese banking stocks sold off sharply, with shares of Mitsubishi UFJ down 5.84 percent. The Nikkei 225 index fell 2.49 percent following the BOJ decision, compared to a 1.41 percent gain before. The dollar/yen pair fell 1.88 percent to 109.35.
Australia's ASX 200 was up 0.54 percent, boosted by advances in the energy, materials and financials sub-indexes. The Australian dollar was up 0.08 percent at $0.7589, after dropping close to 1.8 percent at one point in the Wednesday session following fresh probability of monetary easing from the Reserve Bank of Australia (RBA) after inflation unexpectedly fell.
Eurozone finance ministers canceled a meeting on Thursday to discuss two important reforms in Greece. The meeting on Greek debt will be held "at a later stage." Renewed speculation about the risk of Greece provoked solid decrease in shares traded on the Athens Stock Exchange.
Publications from Europe: 10:00 - Spanish CPI (YoY) with expectations -0.7%; 10:55 - German Unemployment Change (Apr) with expectations 4K; 12:00 - Euro area Industrial Sentiment (Apr) with expectations -4.0; 15:00 - German CPI (MoM) (Apr) with expectations -0.2%.
Earnings are due from Airbus, Deutsche Bank, WPP, Lloyds Bank, VW and Deutsche Boerse.
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