WTI Oil closes at the highs of the session on Bank of Japan's stimulus plan, a weaker dollar and stronger equities, reports CNBC's Sharon Epperson.
The dollar has been on a tear against the yen for several months, anticipating new stimulus from the Bank of Japan. This strategist says the party's now ending.
Global leaders are meeting at the World Economic Forum in Davos, Switzerland this week. Anthony Skybridge, of Skybridge Capital, discusses which stocks are getting a lot of talk there, including Japan's new inflation target. Also, Netflix is up 5 percent year-to-date, with the FMHR traders.
CNBC's Michelle Caruso-Cabrera reports all the major headlines in Europe as the markets close, including new pay cuts that triggered transport strikes in Greece.
The Bank of Japan is doubling its inflation target to 2 percent, and will begin the program in 2014, with CNBC's David Faber.
The Bank of Japan's long awaited stimulus plan falls short and the euro rides on fact and fear - it's time for your FX Fix.
Stuart Oakley, Managing Director, Asian Currency Trading at Nomura analyses the BOJ's latest announcement as it breaks in real time.
Eisuke Sakakibara, Former Vice Finance Minister of Japan, and Professor at Aoyama Gakuin University says the yen is not likely to depreciate further. He explains why.
Jesper Koll, MD & Head of Japanese Equity Research, JPMorgan Securities Japan says there needs to be broad co-ordination if Japan wants to get out of its economic funk. He adds that the 2% inflation target is a good indicator to have.
Andrew Freris, Chief Investment Advisor for Asia, BNP Paribas Wealth Management discusses the situation that Japan's economy is in. He adds that Japan may adopt similar measures as the EU.
Robert Rennie, Global Head of FX Strategy, Westpac Bank discusses the impact of monetary policy from the Bank of Japan on the yen. He sees a key trend line for USD/JPY at around 87.
Vasu Menon, Vice President, Wealth Management Singapore, OCBC Bank says monetary stimulus won't lead Japan out of the woods. He is cautious about investing in Japanese markets.
Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital Investors thinks the BOJ will adopt a 2% inflation target and introduce quantitative easing. He says the yen will continue to fall 10-20%, while the Nikkei will outperform this year.
Traders backed off short yen positions ahead of a key Bank of Japan meeting, and Iceland's finance minister looks at the euro zone and wants in.
Geoff Lewis, Global Market Strategist at J.P. Morgan Asset Management says the Bank of Japan will not formally adopt the 2% inflation target. Instead, they will do enough to convince the markets that more aggressive monetary policy is on the way, including adopting the inflation target eventually.
Ray Attrill, Co-Head of FX Strategy, NAB expects USD/JPY to reach 100 in 2014. He adds much will depend on whether the policy the BOJ adopts at its coming meeting will stand up to the government's rhetoric.
Paul Gruenwald, Chief Economist, Asia Pacific, ANZ says Abe's economic policies will be good for Japan. He says the BOJ should adopt the same easing approach as the Fed and print money until a 2% inflation target is hit.
Clifford Bennett, Chief Economist, White Crane Reports explains why he thinks the big moves in the yen are reactions to Japan's move away from nuclear power since March 2011's crisis.
The yen's fall against the dollar has been historic, but these experts say you haven't seen anything yet.
Web-only advice and information for currency traders, with CNBC's Melissa Lee and the Money In Motion traders.