BOJ in the spotlight as markets eye rate hike path amid inflation and political risk; established central bank, independent from govt, led by Gov. Ueda.
Japan's latest tankan survey indicates steady confidence among large non-manufacturers, despite global uncertainties from the US-Israeli war on Iran. Concerns about inflation, energy costs, and yen fluctuations persist, with the Bank of Japan expected to consider interest rate adjustments at its upcoming meeting.
Global stock markets remain near all-time highs even as Bank of England deputy governor warns of a potential correction. Analysts highlight risks from private credit, AI stock valuations, and geopolitical tensions, while strategists expect catalysts and earnings trends to shape the path ahead.