Japanese yen mostly lower despite surging JGB yields

The BOJ could also modify its annual objective of accumulating 80 trillion yen ($720 billion) of Japanese government bonds, as well as potentially lifting its target yield for 10-year JGBs.

Analysts at JPMorgan cited relatively aggressive moves into "value" stocks - in particular banks - and away from shares leveraged to economic growth.

The technology index .SPLRCT tumbled 1.78 percent as disappointing results spurred concerns about future growth for a sector that has led US equities to record highs.

Advertisment Asian shares closed narrowly mixed on Tuesday as investors digested the Bank of Japan's decision to keep policy steady.

In Europe, 70 companies on the pan-regional STOXX 600 benchmark are due to report their updates this week with figures from big banks, including BNP Paribas, Intesa Sanpaolo and Lloyds in the spotlight.

The British pound slid below $1.31 as investors prepared for a Bank of England policy meeting this week at which markets are now pricing in a near-90 percent chance of a 25 basis points rate rise.

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Kim Kardashian has copped some major backlash on social media due to her overjoyed reaction to being called "so skinny" and " anorexic ".

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The smartphone will be exclusively available for purchase on Flipkart and Samsung Online Shop starting August 6. Operating profit climbed 5.7% to 14.87 trillion won, in line with Samsung's preliminary earnings guidance.

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The officer who shot Damond - an Australian woman killed last year - was charged with murder and manslaughter this year. Schmidt and Kelly have been on leave since the shooting, which is standard procedure following the use of deadly force.

The U.S. central bank is expected to reaffirm the outlook for further gradual rate rises at the end of its two-day rate review through Wednesday. The market is nearly fully priced for a hike in September and leaning towards a further move before the end of the year.

Japan's benchmark 10-year yield, which the central bank will now allow to trade as much as 0.2 percent above or below its zero percent target, sank four basis points to 0.062 percent.

That forced the BoJ to conduct a special bond-buying operation for two sessions in a row and to end up buying a record amount to stem rising bond yields.

The greenback had pared some of its gains about two hours after the decision, trading 0.2 percent higher at 111.30 yen. It last traded at 94.541, having repeatedly failed to clear resistance around 95.652 this month. The estimate for fiscal 2019 was cut to 1.5 percent, from 1.8 percent, while fiscal 2020 was trimmed to 1.6 percent, from 1.8 percent.

Japanese shares pared losses while the yen fell and yields on Japanese and US bonds declined on Tuesday after the BOJ decision, which stayed away from making drastic changes to its accommodative policy. It weakened further, slipping past 6.8400 per dollar for the first time since June a year ago before paring losses. Our outlook on the Japanese yen remains bearish. USA crude CLc1 rose $1.44 to settle at $70.13 a barrel while Brent LCOc1 settled up 68 cents at $74.97.

Some market watchers said Japan's reluctance to change its policy aggressively stems from its desire to keep its currency competitive, especially against the Chinese yuan CNY=CFXS, after Beijing let its currency weaken by more than 7 percent versus the dollar since mid-June as trade war tensions escalated. Other data showed employers boosting benefits for workers in the second quarter, but wage growth slowed.

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