Japanese Industrial Production MoM Final (Feb) M/M -2.0% vs. Exp. -2.1% (Prev. 4.3%)
The final print for Japanese industrial production shows a smaller decline than expected, at -2.0% compared to the -2.1% consensus.
China's upgraded tax refund on departure 2.0 measures expected to be rolled out before the end of April, according to China's Securities Journal.
EU Chamber in China warns of expansion of China's export controls and says EU companies continue to suffer from China's export controls on rare earths, according to Handelsblatt
Japanese Industrial Production MoM Final (Feb) M/M -2.0% vs. Exp. -2.1% (Prev. 4.3%)
Japanese PM Takaichi is said to caution Economy Minister Akazawa not to comment further on the BoJ
OpenAI investors question USD 852bln valuation as strategy shifts, according to FT
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This slight beat may signal resilience in the sector, potentially supporting the yen and stabilizing sentiment towards Japanese equities. However, the negative reading following a strong prior month suggests ongoing challenges in maintaining growth momentum, particularly in the context of global demand.
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