Japan's Nikkei falls as yen steadies; focus on G20 meeting

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TOKYO: Japan's Nikkei share average fell on Friday as the yen held steady against the dollar after the US Federal Reserve signalled fewer interest rate hikes than some investors had expected.

The Nikkei shed 0.4 per cent to 19,521.59. For the week, the benchmark index dropped 0.4 per cent, before Japan's three-day weekend. Markets are closed on Monday for a national holiday.

Markets are focused on the G20 gathering of finance ministers and central bankers in the German town of Baden-Baden on Friday and Saturday.

The broader Topix dropped 0.4 per cent to 1,565.85 and the JPX-Nikkei Index 400 declined 0.5 per cent to 14,019.31.
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