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Japanese Imports YoY (Jan) Y/Y -2.5% vs. Exp. 3% (Prev. 5.2%, Rev. From 5.3%, Low. -3.3%, High. 7%)

Japanese imports showed a surprising decline of 2.5% year-on-year in January, significantly missing expectations of a 3% increase.

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Japanese Imports YoY (Jan) Y/Y -2.5% vs. Exp. 3% (Prev. 5.2%, Rev. From 5.3%, Low. -3.3%, High. 7%)

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 marks a deterioration from the previous growth of 5.2%, suggesting potential weakness in domestic demand that could influence economic policy and impair the outlook for commodity imports, including metals and gold.

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