The Topix index extended its gains to 3.9%.

The three major U.S. stock index futures extended their gains, with Nasdaq futures up 0.5%, S&P 500 futures up 0.24% and Dow futures up 0.32%.

Shinichi Uchida, Deputy Governor of the Bank of Japan: Short-term interest rates have a greater impact on stimulating the economy than long-term interest rates.

Bank of Japan Deputy Governor Shinichi Uchida: Our planned reduction in bond purchases may not result in significant changes in the degree of monetary policy easing.

Shinichi Uchida, Deputy Governor of the Bank of Japan: The large-scale monetary easing policy over the past 10 years has indeed caused various side effects.

Nasdaq futures rose 0.2%, reversing previous declines.

Shinichi Uchida, Deputy Governor of the Bank of Japan: If economic and price trends are in line with expectations, it would be appropriate to adjust the degree of monetary easing appropriately.

The Bank of Japan plans to purchase 350 billion yen of Japanese government bonds with a maturity of 1-3 years, 150 billion yen of Japanese government bonds with a maturity of 10-25 years, and 375 billion yen of Japanese government bonds with a maturity of 3-5 years.

The Topix banking index rose more than 6%.

The Nikkei 225 index narrowed its losses to 0.8% after falling more than 2% earlier, while the Topix index now rose 0.6%.

Nasdaq futures turned positive after falling 0.7%.

The South Korean government will provide 1.2 trillion won in liquidity to domestic merchants affected by Singaporean e-commerce group Qoo10.

Hunter, Assistant Governor of the Reserve Bank of Australia: The economic situation is hotter than the Reserve Bank of Australia had previously expected.

Investment firm Vanguard: Bonds may outperform stocks in the next 10 years.

U.S. Vice President Harris and Minnesota Governor Tim Waltz have officially been certified as the Democratic presidential and vice presidential candidates.