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Yen Steady Ahead of BOJ, Asia Stocks Set to Fall: Markets Wrap [Yahoo! Finance Canada]
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Last broadcom inc. earnings: 3/12 04:15 pm
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Most Read from Bloomberg The Japanese currency hovered around the 157.14 per dollar mark as the central bank is widely expected to consider reducing bond purchases. The policy board will hold its benchmark rate in a range between 0 and 0.1%, according to economists surveyed by Bloomberg. Traders are also on alert for any signals on the prospect of an interest rate hike next month. ADVERTISEMENT “A weaker start to trading is expected in Asia today as this afternoon's Bank of Japan meeting casts its shadow over the Nikkei,” said Tony Sycamore, an analyst at IG in Sydney. “Chinese stocks are dealing with their own issues, including subpar growth, trade tensions and deflationary risks.” Equity futures for benchmarks in Australia, Japan and Hong Kong all pointed to losses as a rally in US shares outside of AI-related names stalled. Treasuries climbed Thursday following softer producer price data, while the S&P 500 notched a fourth straight record. Broadcom Inc. led a rally in ch
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