Asian markets open mixed on Thursday; Nikkei falls 0.48 percent as Bank of Japan begins its two-day meeting.
CNBC's Sri Jegarajah reports expectations of further monetary easing by the Bank of Japan sent stocks higher.
The Nikkei rebounded from Tuesday's sell-off as most Asian markets waffled on Wednesday before key central bank decisions and major earnings reports.
The market will again pause and consolidate around this level for several weeks before continuing the uptrend breakout, says Daryl Guppy.
Asian markets rise Wednesday, with Nikkei surging 1 percent on expectations of further easing from the BOJ.
CNBC's Sri Jegarajah reports Japanese stocks sold off after a report suggested the government's stimulus package may not live up to expectations.
Japanese stocks sold off on Tuesday as the yen jumped after local media indicated the government's stimulus package may not live up to expectations.
Asian markets were negative in early trade on Friday, with the Nikkei down nearly 1 percent as the yen strengthened.
Asia markets mostly gained on Thursday, with Japanese shares advancing after local media reports suggested the government was preparing a sizable stimulus package.
Asian markets closed mixed on Tuesday, with the Nikkei climbing despite heavily weighted SoftBank tumbling around 10 percent after its $32 billion bid for a chip firm.