Asian equities are poised to climb Friday, tracking overnight gains on Wall Street. Upbeat U.S. economic data and a rally in tech stocks lifted sentiment, while easing geopolitical tensions provided further support. Markets are now looking toward the Bank of Japan's policy meeting for direction.

The positive momentum stems from stronger-than-expected U.S. indicators, which eased recession fears and fueled a broad equity advance. This global risk-on mood, combined with a calmer geopolitical backdrop, has encouraged investors to shift capital into regional markets ahead of the BOJ's decision.

All eyes remain on the Bank of Japan, where policymakers are expected to hold steady amid persistent inflation pressures. Any hints of future policy shifts could sway currency markets and impact regional equity valuations, particularly for Japan's export-heavy sectors.