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 -1.06%
Mizuho Financial Group Inc Sponsored ADR -1.17%
Mitsubishi UFJ Financial Group, Inc. Sponsored ADR -0.18%
Nomura Holdings, Inc. Sponsored ADR -1.20%
Sumitomo Mitsui Financial Group Inc Sponsored ADR -1.14%

ORIX Corporation Sponsored ADR

IX

29.94

-1.06%

Mizuho Financial Group Inc Sponsored ADR

MFG

7.63

-1.17%

Mitsubishi UFJ Financial Group, Inc. Sponsored ADR

MUFG

16.43

-0.18%

Nomura Holdings, Inc. Sponsored ADR

NMR

7.40

-1.20%

Sumitomo Mitsui Financial Group Inc Sponsored ADR

SMFG

19.10

-1.14%

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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