Japanese Household Spending MoM (Feb) M/M 1.5% vs. Exp. 2.6% (Prev. -2.5%)
The Japanese household spending rose by 1.5% month-over-month in February, falling short of expectations of 2.6%.
Japanese Finance Minister Katayama says won't comment on JGB yield levels and will refrain from commenting on levels in the markets, adds impact of Middle East and oil prices on the market is high
Japan's Industry Minister Akazawa says crude oil procurement is progressing
Japanese Household Spending MoM (Feb) M/M 1.5% vs. Exp. 2.6% (Prev. -2.5%)
PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Samsung Electronics prelim. Q1 earnings topped forecast with an eight-fold increase in oper. profit
US interests and facilities were targeted by airstrikes in Kuwait, according to Fars
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This miss suggests weaker consumer demand than anticipated, which could have implications for economic growth and monetary policy in Japan moving forward.
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