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Asian shares retreat from highs, yen volatile before BOJ

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TOKYO (Reuters) – Asian shares pulled back from multimonth highs on Monday, while the yen firmed after touching a new low in choppy trade ahead of a Bank of Japan policy decision that is expected to deliver bold monetary easing measures. The MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0. 2 percent despite pockets of strength in Australia, Hong Kong and Shanghai. The index briefly renewed a 17-1/2-month high touched on Friday following a rebound in global equities late last week on upbeat U. S. and Chinese data, as well as signs of progress in U. S. budget talks. . . .

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