After the Bank of Japan's latest policy decision, we look at the options left for authorities to stimulate the economy and the outlook for corporate earnings.
The Japanese economy continues to struggle to regain momentum. We expect today’s GDP figures will result in a delay to the next consumption tax hike.
The recent negative view of Japan is blurring the outlook for equity investors, but once the current uncertainty clears we see a positive outlook for Japanese equities.
The Bank of Japan’s regular policy meeting ended in Tokyo on Thursday with the policy committee deciding to take no action.
The recent pullback in Japanese equities has reduced valuations at a time when we believe the long-term picture for corporate Japan may be gradually improving.
Ahead of the Bank of Japan's (BoJ) next meeting, we believe that monetisation is fast becoming the only option left to ensure Japan's economy doesn’t enter another lost decade.