Nikkei falls in directionless trade, post-BOJ gains erased by profit-taking

Tue Jan 22, 2013 6:04am GMT

TOKYO, Jan 22 (Reuters) - The Nikkei share average edged
down on Tuesday in directionless trade after it erased gains
made immediately after the Bank of Japan set a 2 percent
inflation target and made an open-ended commitment to buy
    The Nikkei shed 0.4 percent to 10,709.93 after
jumping to as high as 10,859.42 after the BOJ's outcome.
    The broader Topix slipped 0.4 percent to 901.15.

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.