Nikkei Flat as Investors Await Fed and BOJ Decisions

The Nikkei share gauge was flat on Wednesday as investors remained cautious ahead of key central bank decisions. The benchmark Nikkei 225 edged 0.03% lower to 63,462.01 in early trading.

The broader Topix gained 0.79% to 4,069.02 after touching an intraday high of 4,072.31. Investors are awaiting policy decisions from the Federal Reserve and the Bank of Japan, both expected to raise interest rates.

Trade data released on Wednesday showed Japan's exports rose 19.3% year-on-year, but a sharp 28% jump in imports left a trade deficit of 1.106 trillion yen ($7.5 billion).