Japanese Bank Lending YoY (Mar) Y/Y 4.8% vs. Exp. 4.2% (Prev. 4.5%)
The Japanese bank lending figures for March show a year-on-year increase of 4.8%, surpassing expectations of 4.2% and improving from the previous 4.5%.
[CALENDAR ADDITION] BoJ Deputy Governor Himino will be appearing in parliament from 09:47 local time (01:47BST/20:47EDT)
Japanese Finance Minister Katayama say unable to gauge the effect of a food sales tax reduction on prices at this stage and not in a position to discuss steps against possible oil supply deficits
Japanese Bank Lending YoY (Mar) Y/Y 4.8% vs. Exp. 4.2% (Prev. 4.5%)
US President Trump endorses Hungarian PM Orban, reiterates that he's a truly strong and powerful leader with a proven track record delivering phenomenal results
PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Fast Retailing Co. Ltd. (9983 JP) - Co. H1 net rose 20% Y/Y to JPY 279.3bln (prev. JPY 233.6bln Y/Y), rev. rose 15% Y/Y to JPY 2.06tln (prev. JPY 1.79tln Y/Y)
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This stronger lending growth could indicate ongoing economic strength in Japan, possibly supporting the case for continued monetary accommodation or adjustments in policy as the Bank of Japan navigates growth and inflation dynamics.
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