Saxo Bank's Christoffer Moltke-Leth updates us on the upcoming Bank of Japan announcement.

According to Molkte-Leth, the BoJ has a 2% inflation target, but the current inflation rate is only 0.5%. That's why Molkte-Leth expects Kuroda to act.

Molkte-Leth thinks that we will see a 20 basis point cut and that annual asset purchases could increase from ¥80 to ¥100 trillion.