Asian indices end mixed ahead of ECB policy meet

India Infoline News Service | Mumbai | October 26, 2017 15:18 IST

Traders will look for clues on how the ECB will reduce its asset purchase program.

Stock Market
Share indices in the Asian region ended mixed today, tracking weak overnight close of US indices and also because investors were cautious ahead of the European Central Bank's policy meeting.

On Wednesday, shares in the US fell the most in seven weeks following a series of disappointing quarterly earnings and rising bond yields.

Action across Asian markets remained stock-specific as investors reacted to regional earnings. Investors also remained on sidelines ahead of the European Central Bank's policy announcement, with the central bank largely expected to signal a more hawkish approach.

Traders will look for clues on how the ECB will reduce its asset purchase program and how long will it take to wind-up the entire stimulus. Japanese shares eked out modest gains on earnings optimism and amid the prospect of further stimulus from the government. 
 

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