The Nikkei index broke through the 70,000-point mark for the first time, and the Japanese yen weakened after the Bank of Japan announced its decision.

After the Bank of Japan decided to pause its reduction of government bond purchases starting in April 2027, Japan's Nikkei index broke through the 70,000 mark for the first time, and the yen weakened. The central bank also raised the policy interest rate. These measures were widely expected beforehand. The Nikkei index regained earlier losses and briefly rose 1.0%, hitting an intra-day historical high of 70,020.68 points. Following the Bank of Japan's announcement, the US dollar rose from 160.11 yen to 160.22 yen. Investors will be watching Deputy Governor Shinichi Uchida's press conference later on Tuesday.