Nikkei slips on Wall Street tumble, BOJ negative rate worries

martes 13 de septiembre de 2016 22:03 GYT

* Report BOJ will extend minus rates weighs on financials

* Uncertainty about next week's Fed, BOJ meetings clouds outlook

TOKYO, Sept 14 (Reuters) - Japan's Nikkei share average slipped on Wednesday, dragged down by losses on Wall Street and weaker bank shares amid heightened speculation that the Bank of Japan will cut interest rates deeper into negative territory.

The Nikkei was off its session low but still down 0.1 percent at 16,705.91 in late morning trading.

On Tuesday, U.S. stocks suffered sharp falls as lower oil prices slammed energy shares and fading hopes of a near-term U.S. interest rate rise cast a shadow over the financial sector.

"Japanese stocks are falling today mostly due to overseas factors," said Ayako Sera, market economist at Sumitomo Mitsui Trust Bank.

"Uncertainty about U.S. Federal Reserve policy is affecting global shares, and there is also uncertainly about BOJ policy as well," she said.

Both the BOJ and the U.S. Federal Reserve will hold policy meetings next week, with analysts and investors divided on the outcomes.   Continuación...