Japanese workers need to earn more to spend more, says Alexander Treves, head of equities, Japan at Fidelity Worldwide Investment.» Read More
Japan's economy staged an encouraging comeback in the first quarter, expanding at its fastest pace in a year.
Nicholas Smith, Japan strategist at CLSA, discusses the 0.4 percent rise in private consumption as shown in Japan's first-quarter gross domestic product on Wednesday.
Tai Hui, chief Asia market strategist at J.P. Morgan Funds, outlines the factors that will likely take Japanese equities higher.
While income levels in Japan are improving, the government is taking away consumers' spare cash via the sales tax hike, says Robert Medd, partner at GMT Research.
Asian stocks ended mixed early Friday, pressured by a sell-off on Wall Street overnight and as investors reacted to a batch of economic data from Japan and China.
The greenback reversed earlier losses to trade higher against a basket of currencies on Thursday.
Asian stocks plummeted on Thursday amid a mixed bag of corporate earnings and renewed concerns over the state of the U.S. economy.
The Bank of Japan (BOJ) kept policy steady in an 8-1 vote Thursday, but cut its forecasts for economic growth and inflation in its outlook statement.
Jesper Koll, managing director & Head of Japanese Equity Research at JPMorgan Securities Japan, explains why the Bank of Japan can hold back further easing as Japan sees a cycle of "good deflation."
If the inflation forecast for fiscal 2016 is maintained around 2 percent, the Bank of Japan will likely keep rates steady at this stage, says Jonathan Cavenagh, senior FX strategist at Westpac.
Ben Collett, head of Asian Equities at Sunrise Brokers, says the Bank of Japan needs positive expectations that inflation can rise and a weaker yen, which could hit 250 per dollar in the long run.
Klaus Baader, head of Research for Asia at Societe Generale, says the Bank of Japan will need to admit that its inflation target has to be reduced at today's meeting, paving the way for more stimulus by the fourth quarter.
Ed Rogers, CEO of Rogers Investment Advisors, says the Bank of Japan can afford to wait and see amid wage increases and improvements in corporate profits.
Japan's already less-than-sterling credit rating took a hit from Fitch's downgrade, but its bonds and currency are set to stay impervious to the blow.
Joe Zidle, portfolio strategist at Richard Bernstein Advisors, says Tuesday's dismal retail sales will increase pressure on the Bank of Japan to introduce more stimulus, which is good for stocks.
The euro scaled a three-weak peak against the dollar on optimism about Greece's prospects after the government reshuffled its bailout team.
Hans Goetti, Head of Investment Asia at Banque Internationale à Luxembourg, says the decision to restart Japan's nuclear program is an unpopular but necessary decision for Prime Minister Abe.
Asian stocks mostly advanced on Thursday despite data showing China's factory activity at a one-year low.
Reports the Bank of Japan is preparing to lower its inflation outlook could push the yen to its lowest level in 13 years, analysts say.
If reports about the Bank of Japan planning to lower its inflation outlook are true, the yen could fall to 130-140 in the future, says Peter Boardman, managing director of Tradewinds.