Tokyo Stocks Tread Water Ahead of US CPI and Rate Hike Speculation

The Tokyo stock market is likely to be directionless in the second week of September due to investor hesitation ahead of key events.

The U.S. Federal Open Market Committee (FOMC) meeting and the Bank of Japan's monetary policy decision are scheduled for the following week, making investors reluctant to take aggressive positions.

The biggest focal point is the U.S. August Consumer Price Index (CPI), which could determine whether the Fed raises rates in September.