The monetary policy decisions of the Federal Reserve and the Bank of Japan will be in focus this week, with reports suggesting that the Bank of Japan may decide on a 0.25% rate hike. There is also speculation that US pressure could lead it to accelerate the pace of hikes, with another increase possible this year.
The monetary policy moves of the Federal Reserve (FRB) and the Bank of Japan are expected to be the main focus this week. Market participants are expected to closely monitor developments at both the FRB and the Bank of Japan.
The Bank of Japan is reportedly considering a 0.25% rate hike. There is speculation that, amid US pressure, it may accelerate the pace of rate hikes, along with expectations of another increase this year.