Japanese Balance of Trade (Jan) -1152.7B vs. Exp. -2142.1B (Prev. 113.5B, Rev. From 105.7B, Low. -2770B, High. -1775.1B)
The Japanese Balance of Trade data for January shows a deficit of JPY 1,152.7 billion, significantly better than the expected deficit of JPY 2,142.1 billion.
Australia sells AUD 1.2bln 4.25% October 2035 bonds, b/c 3.90, avg. yield 4.7439%
[MARKET UPDATE] Asia-Pac stocks begin positive in continued thin conditions as many regional bourses remain closed for Lunar New Year holidays
Japanese Balance of Trade (Jan) -1152.7B vs. Exp. -2142.1B (Prev. 113.5B, Rev. From 105.7B, Low. -2770B, High. -1775.1B)
IMF says if volatility hits market liquidity, the BoJ should be ready for targeted interventions, such as emergency bond buying, and that Japan should avoid cutting consumption tax as it would weaken fiscal space and raise fiscal risks
Australian Westpac Leading Index MoM (Jan) M/M -0.1% (Prev. 0.1%)
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This narrower deficit could indicate stronger-than-anticipated export performance or weaker import demand, which may bolster the outlook for the Japanese yen in forex markets. Overall, this result could influence future monetary policy considerations as it reflects on Japan's economic recovery trajectory.
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