Shares of Japanese banking companies are trading higher. The Bank of Japan board member Kazuyuki Masu said Japan's inflation is "drawing very close" to the central bank's 2% target, reinforcing expectations of a near-term rate hike.

ORIX Corporation Sponsored ADR +2.06% Pre
Mizuho Financial Group Inc Sponsored ADR +0.46% Pre
Mitsubishi UFJ Financial Group, Inc. Sponsored ADR -0.33% Pre
Nomura Holdings, Inc. Sponsored ADR +1.19% Pre
Sumitomo Mitsui Financial Group Inc Sponsored ADR -0.65% Pre

ORIX Corporation Sponsored ADR

IX

31.68

31.68

+2.06%

0.00% Pre

Mizuho Financial Group Inc Sponsored ADR

MFG

8.69

8.69

+0.46%

0.00% Pre

Mitsubishi UFJ Financial Group, Inc. Sponsored ADR

MUFG

18.17

18.39

-0.33%

+1.20% Pre

Nomura Holdings, Inc. Sponsored ADR

NMR

8.51

8.51

+1.19%

0.00% Pre

Sumitomo Mitsui Financial Group Inc Sponsored ADR

SMFG

21.27

21.27

-0.65%

0.00% Pre
Shares of Japanese banking companies are trading higher. The Bank of Japan board member Kazuyuki Masu said Japan's inflation is "drawing very close" to the central bank's 2% target, reinforcing expectations of a near-term rate hike.
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