The ASX200 is trading down around 0.3%.
The discretionary sector has made gains of 0.3%, all other sectors have fallen, Industrials has been hit the most down nearly a per cent.
The Bank of Japan will make its interest rate decision at 1pm Sydney time.
The world’s 3rd largest economy recently raised rates to 0.1% after years of ultralow policy.
Company News
Sun Silver (ASX:SS1) is up 13% following the granting of its first drilling contract to Alford Drilling, a local contractor based in Elko.
Alford was chosen after a thorough evaluation of proposals from several skilled drilling contractors in the area.
Plans for drill hole preparation, site readiness, and mobilisation are in the final stages, with drilling expected to start in the upcoming weeks.
SS1 has been trading at 48 cents.
Telix Pharmaceuticals (ASX:TLX) has elected to withdraw its proposed initial public offering (IPO) in the US, seeing its shares dip in the first hour of trade.
The company did not feel that the proposed discounts were aligned with its duty to its existing shareholders.
TLX has been trading $16.47.
Boss Energy (ASX:BOE) has commenced production at its Alta Mesa In-Situ Recovery, Central Processing Uranium Plant and Wellfields in South Texas.
The company expects production will increase steadily to reach an annual rate of 1.5 million pounds. Boss maintains sales and marketing rights for its proportionate share.
BOE has been trading at $4.22.