The company said the European market staged a strong recovery in the second half of 2020, jumping 40 percent compared with the first six months when governments imposed strict lockdowns to try to control the first wave of Covid-19.
Having already extended a raft of measures last month to ease funding strains for firms hit by the pandemic, the BOJ is expected to hold off ramping up stimulus at the Jan. 20-21 policy meeting, the sources said.
The market opened with a slight decline as the Japanese government plans to expand a state of emergency it declared for the Tokyo region last week to seven additional prefectures in an effort to stem the spread of COVID-19.
While daily cases remain below last year's peak, depleted resources, weary medical workers and a recent rush of severe cases are taxing already ailing healthcare systems from Chile to Mexico, officials say.
Angola's finance minister, Vera Daves de Sousa, told the Reuters Next conference on Monday that she expected more than $700 million in the next IMF tranche after securing three years of payment relief from Chinese creditors.