Nikkei Index may remain
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Nikkei index futures rose 0.2% to 60,390 points on the Singapore Exchange. Investors are closely monitoring developments in the Middle East as well as Japanese corporate earnings. Denso and Komatsu are scheduled to announce their quarterly results later on Tuesday. The Bank of Japan's policy decision, which is also set to be released later on Tuesday, is drawing significant attention. On Monday, the Nikkei index rose 1.4% to 60,537.36 points.
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Japan's Finance Minister stated that authorities are prepared to take necessary actions against forex market volatility at any time, a move seen as a warning to speculators just hours before the Bank of Japan announces its policy decision.
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