"The market expectation for the BoJ to move is very high," Angus Nicholson, a strategist at IG Markets Ltd. in Melbourne, said on Bloomberg Radio. The firm rallied six per cent, while Galaxy Entertainment was up 6.5 per cent.Shanghai ended 1.1 per cent up, Sydney added 0.1 per cent, Seoul put on 0.8 per cent and Singapore rose 0.1 per cent in late trade. "There’s a real risk we would see a sharp retracement if they disappoint. Promises of monetary easing after last month’s shock British EU exit vote led to a surge in shares -- and record highs on Wall Street -- but a degree of nervousness has set in as two of the biggest central banks prepare to meet.The Federal Reserve ends its gathering Wednesday. "By the close Japanese stocks were down 1.4 per cent -- a third straight loss -- with exporters hurt as the dollar fell to 104.15 yen from 105.82 yen.However, the advances that have characterised most of July continued elsewhere.Hong Kong closed 0.6 per cent higher, boosted by a rally in casino firms after Macau operator Sands China posted a positive earnings report.

Source: The Nation Bangkok July 26, 2016 09:33 UTC