BOJ's ETF purchase hits over three-year low in September, but unlikely to be tapering

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BOJ's ETF purchase hits over three-year low in September, but unlikely to be tapering
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The Bank of Japan's exchange-traded funds purchase this month hit the lowes...

The BOJ's buying fell in September as the BOJ has been sticking to its unwritten, self-imposed rule that it buys ETFs on a day when the Topix indexIn September, the BOJ bought only a little, just because Japanese shares have rallied strongly, with the Topix comfortably outperforming global peers.and 3.2% rise in Europe's STOXX600 .

One key worry for overseas investors is a hit to the Japanese economy from an imminent consumption tax hike, scheduled on Tuesday.

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