Citibank: BoJ to remain reluctant to announce any additional stimulus

Citibank analysts suggest that in Japan, BoJ is likely to remain reluctant to announce any additional stimulus at its upcoming board meeting this week.

Key Quotes

“BOJ officials expect both exports & production to remain weak in Q1, with the focus on how weak global demand weighs on capital investment, a barometer to gauge sustainability of the 'virtuous cycle' from profits to spending.”