BOJ did not need to move as the dollar/yen was relatively stable and it has several policy tools left, says Tomo Kinoshita from Nomura Securities.
BOJ is struggling with dollar weakness and global banking issues affecting Japanese financials and equities, says SEB's Sean Yokota.
The BOJ will likely highlight that it will wait and see how things pan out, says Ed Rogers of Rogers Investment Advisors.
Central banks are hoping negative rates will boost lending, but the policies may have an unintended effect, according to BlackRock.
Things have not gone as Kuroda expected following the BOJ's negative rates policy, says Eisuke Sakakibara, professor at Aoyama Gakuin University.
Former Japanese prime minister Naoto Kan says policies aimed at raising the income of Japan's lower-income class will help boost consumption.
Michael Sarpi from Compass Global Markets says in the longer term, it's a combination of other factors that will boost Japan's economy.
Gordon Charlop, CNBC Markets Analyst at Rosenblatt Securities Managing Director, talks about what to watch in the last half hour of trading.
Investors will be keeping a close eye on three central banks this week: Bank of Japan, U.S. Federal Reserve and the Bank of England. CNBC’s Nancy Hulgrave discusses.
The Bank of Japan's policy board is set to discuss whether to exempt $90 billion in short-term funds, people familiar with the matter said.
Societe Generale's Xavier Denis says it is likely that the BOJ will stay on hold and await news from the Fed.
Central banks around the globe are pursuing strategies that will put all financial assets into government hands, perma-bear Marc Faber said.
The BOJ is confident of the long-term benefits of negative rates but it still has the market to convince, says HSBC's Izumi Devalier.
UBS' Wayne Gordon says the Bank of Japan can look to the examples of ECB and RBNZ rate cuts having a muted effect on their respective currencies.
The FOMC meeting on March 15-16 is the key risk event, while the Bank of Japan is likely to stand pat, Gavin Parry, MD of Parry International Trading, says.
At his most recent policy meeting, the ECB's Mario Draghi really did whatever it took to boost inflation, says Bill Stone from PNC Asset Management Group.
With global central banks in the driver seat, there's another growth lever being overlooked, says S&P's David Blitzer.
Neil Dwane, global strategist at Allianz Global Investors, says markets need clarity on BoJ policy before Japanese equities can move higher.
There are several ways that negative interest rate policy can have a positive effect on the economy, says Economist Paul Diggle.
In the global dance of central bankers, it's the European Central Bank's turn to take to the floor.