This week’s data calendar out of Japan will be dominated by inflation releases and the Bank of Japan’s two-day meeting at the end of the week. Traders will be keeping a close eye on BoJ Core CPI, which will be released on Tuesday. The index, which is the BoJ’s preferred inflation gauge, fell from 3.1% to 2.7% in February. Another drop would support the central bank’s view that inflation is falling back towards the 2% target. Inflation has been running above 3% and this has raised speculation that the BoJ will respond by tightening policy, which would likely send the yen sharply higher. The BoJ has insisted that it ... (full story)