Japanese Exports YoY (Mar) Y/Y 11.7% vs. Exp. 11% (Prev. 4.2%, Low. 6.4%, High. 14.2%)
Japanese exports showed a significant year-on-year increase of 11.7% in March, surpassing expectations of 11%.
[MARKET UPDATE] Asia-Pac stocks begin mostly lower with peace talks in Islamabad on hold, while US President Trump announced to extend the ceasefire until discussions conclude but will maintain the naval blockade in Hormuz
Iranian Parliament's National Security and Foreign Policy Commission member Khazarian says while Trump is announcing the end of the ceasefire unilaterally, at the same time he raised the maritime blockade, which is a ridiculous contradiction
Japanese Exports YoY (Mar) Y/Y 11.7% vs. Exp. 11% (Prev. 4.2%, Low. 6.4%, High. 14.2%)
PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Quarterly activity updates and earnings including BHP, Bank of Queensland & South 32; Source reports continue to suggest the BoJ will refrain from hiking rates next week
UK will host military planners from over 30 countries on Wednesday to develop a mission to reopen the Strait of Hormuz, according to The Times
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This strong performance not only confirms a positive trend from the previous year's 4.2% but also has implications for Japan's economic growth outlook, potentially influencing the Bank of Japan's policy stance and the yen's relative strength in the forex market.
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