Japan’s Nikkei Stock Average fell 0.3% to close at 32166.48, reversing earlier gains, dragged by losses across the majority of sectors, particularly mining, oil and gas. Hawkish remarks from some Fed officials overnight may have also weighed on domestic equity markets. Among the worst performers on the benchmark index, Unicharm fell 9.05%, Tokyo Gas dropped 7.9%, and ENEOS Holdings shed 6.85%. Meanwhile, Mazda Motor rose 10.4% after it raised fiscal-year revenue and net-profit views. USD/JPY was at 150.65, compared with 150.28 as of Tuesday’s Tokyo stock market close. The 10-year JGB yield was down 3bps at 0.845%.
