The BOJ is expected to maintain its expansionary monetary stimulus at the conclusion of its two-day meeting on Friday. The central bank kept policy steady last month, but cut its forecasts for economic growth and inflation in its outlook statement.
Overnight, US stocks finished modestly higher, with the S&P 500 settling at a record high amid slightly lower bond yields and as investors read mixed economic data as a sign that interest rates could stay lower for longer.
The S&P 500 added 0.23 percent to 2130.82, topping its previous record close of 2129.20 and posting its 10th record closing high for the year. Led by robust gains in Apple and Amazon shares, the tech-heavy Nasdaq notched up 0.4 percent, while the Dow Jones Industrial Average ended unchanged.
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