Japanese Average Cash Earnings YoY (Nov) Y/Y 0.5% vs. Exp. 2.3% (Prev. 2.5%, Rev. 2.6%)
The latest print on Japanese Average Cash Earnings shows a year-over-year increase of 0.5%, significantly missing expectations of 2.3% and down from a revised previous figure of 2.6%.
PBoC announced on Wednesday it will conduct a CNY 1.1tln outright reverse repo operation on Thursday to maintain ample liquidity in the banking system.
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: China's Commerce Ministry announced an anti-dumping probe into Japan's dichlorosilane imports, which is a key chipmaking chemical
Japanese Average Cash Earnings YoY (Nov) Y/Y 0.5% vs. Exp. 2.3% (Prev. 2.5%, Rev. 2.6%)
US Republican Senator Graham says after meeting Wednesday with US President Trump, that he has greenlit the bipartisan Russia sanctions bill, while Graham looks forward to a vote as early as next week
PRE-MARKET AUSTRALIAN STOCKS NEWS: BlueScope Steel (BSL AT) board rejected the SGH (SGH AT)/Steel Dynamics (STLD) takeover offer
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This indicates potential weakening in consumer spending and wage growth, which could have implications for monetary policy and overall economic health in Japan, potentially dampening support for the yen in the foreign exchange markets.
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