Japan dominates Asian stocks, while central banks loom over markets.

TLDR: Japan’s stock market is leading the way in Asia, with the Nikkei climbing 0.8% on Monday and up 8.3% for the month of January. This follows a positive outlook by Taiwan Semiconductor Manufacturing (TSMC) on its profit, driven by high demand for AI chips. Central banks are also looming as a key factor in the global market, with the US Federal Reserve expected to keep interest rates low and the Bank of Japan potentially adjusting its monetary policy. Economists are watching for any signs of tapering or tightening policies that could affect the markets.