Asian stocks surge ahead of BOJ policy decision

China shares was 0.5% higher. Geopolitical tensions along with worries over the global economic outlook have crimped investor sentiment in recent weeks.the U.S. economy slowed more than expected in the first quarter, even as price growth came in hotter than economists had projected.

Data also showed that initial claims for unemployment benefits fell, suggesting ongoing tightness in the labour market, a major driver of inflation. Ahead of that, however, investor attention on Friday will be squarely on Japan's new central bank governor Kazuo Ueda at his debut policy meeting.to maintain its short-term interest rate target of -0.1% and a pledge to guide the 10-year bond yield around zero.wagers on a policy shift, opening a window of calm that ironically affords governor Ueda a chance to move quickly.

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