Equity indices in the Asia-Pacific region began the week on a mixed note.
Japan’s Nikkei: -0.4%,
Hong Kong’s Hang Seng: -0.6%,
China’s Shanghai Composite: +0.8%,
India’s Sensex: +0.8%,
South Korea’s Kospi: +0.4%,
Australia’s ASX All Ordinaries: +0.4%.
Banks in Japan outperformed after Bank of Japan Governor Ueda said that there is a chance that negative rates could end this year, though it was unclear if he was referencing the end of the calendar year or the end of the fiscal year in March.