The Bank of Japan's rate hike this week was without suspense. The market has fully factored in expectations of another rate hike before October next year.

According to the Securities Times APP, Bank of Japan Governor Haruhiko Kuroda is expected to raise the benchmark interest rate to the highest level in thirty years this Friday. However, the future policy path is becoming increasingly complex due to the government's reliance on low-cost financing and the weakening of the yen pushing up import inflation.