The Bank of Japan starts its two-day meeting ahead of next week's fiscal stimulus announcement by Prime Minister Shinzo Abe.
The bank sees a gradual shift towards 'helicopter money' by advanced economies as countries struggle to boost growth.
Asia markets closed mixed on Thursday as investors digested fresh earnings reports and awaited the outcome of the Bank of Japan's two-day policy meeting.
Citi has forecast a “gradual shift towards helicopter money” by advanced economies, as countries struggle to boost growth and inflation in uncertain geopolitical climes.
Japan's workforce needs more female workers and more flexible immigration policies to encourage dynamism, says Standard Chartered's Eric Robertson.
Macquarie's Gareth Berry reckons there needs to be joint statement from the MOF and BOJ on Friday to exert upward pressure on dollar/yen.
The BOJ will not cut rates further, especially after the backlash from January negative rates policy move, says Standard Chartered's Eric Robertson.
TD Ameritrade's Steven Quirk and CIti's Todd Elmer discuss whether or not the market is anticipating a Fed rate hike this year.
JPMorgan Investment Bank's Laura Fitzsimmons is expecting an increase JGB and ETF purchases as well as a cut in deposit rates.
Gold recovered Wednesday after it had briefly trimmed its gains while traders digested the outcome of a 2-day Fed meeting.
The U.S. dollar gained against the euro and the yen after the Federal Reserve left the federal funds rates unchanged on Wednesday.
Japanese Prime Minister Shinzo Abe says his government will announce the details of the plan next week.
The "Worldwide Exchange" crew discusses some of the morning's top attention-grabbing headlines.
CNBC's Sri Jegarajah reports expectations of further monetary easing by the Bank of Japan sent stocks higher.
Japanese stimulus will drive stocks higher, but growth fundamentals might not necessarily improve, says Taurus Wealth Advisors' Michael Preiss.
The Bank of Japan could announce a bit of everything to nothing at all, notes HSBC's Frederic Neumann.
Asian policymakers understand that export-led growth is still the way forward, explains Kapstream Capital Steve Goldman.
The Pain Report's Jonathan Pain expects the BOJ to increase purchases of equity ETFs, but not cut interest rates further.
Post-Brexit, central banks around the world have come up with suggestions of even more stimulus policies, says The Pain Report's Jonathan Pain.
The yen hit a high against the euro and rose against the dollar as traders lower expectations of a Japanese stimulus injection.