Investors are closely watching the remarks of Bank of Japan (BoJ) Governor Kazuo Ueda, expecting in-depth information regarding the possibility of negative interest rates in the current year. Speculations suggest that the BoJ may start adjusting interest rates in its April meeting.

The BoJ has decided to maintain interest rates at -0.1% and retain its yield curve control policy, keeping the yield on 10-year Japanese government bonds at 1.0%. Additionally, the policymakers at the BoJ have revised down the core inflation forecast to 2.4% for the year 2024.

On the other hand, the European Central Bank (ECB) is inclined to keep interest rates unchanged on Thursday. ECB President Lagarde has signaled that the first interest rate cut could occur during the summer, leading the market to anticipate the ECB's first policy rate cut in April, with a total reduction of 135 basis points by the end of 2024.