Nikkei falls 0.31% amid US tech weakness and Bank of Japan meeting

The Nikkei 225 closed down 0.31%, losing 198 points to finish at 64,461.39. The decline in the Japanese market was influenced by weakness in US technology stocks, specifically following after-hours selling of Amazon and Intel shares in New York.

Investors are currently awaiting the conclusion of a Bank of Japan (BoJ) meeting. The central bank's decisions regarding monetary policy and potential interest rate adjustments are expected to impact both equity markets and currency valuations.

In the currency markets, the yen remained relatively stable against the US dollar at 157.80, while showing signs of strengthening against the euro at 175.50.