Japanese Industrial Production MoM Prel (Feb) M/M -2.1% vs. Exp. -2.0% (Prev. 4.3%)
The preliminary reading for Japanese industrial production showed a month-on-month decline of 2.1%, slightly worse than the expected 2.0% and marking a significant reversal from the previous month's increase of 4.3%.
New Zealand ANZ Business Confidence (Mar) 32.5 (Prev. 59.2)
New Zealand ANZ Acticity Outlook (Mar) 39.3 (Prev. 52.6)
Japanese Industrial Production MoM Prel (Feb) M/M -2.1% vs. Exp. -2.0% (Prev. 4.3%)
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Honda Motor (7267 JT) resurrects its engineering subsidiary
Japanese Tokyo CPI Ex Fresh Food and Energy YoY (Mar) Y/Y 2.3% vs. Exp. 2.4% (Prev. 2.5%)
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This miss could indicate underlying weakness in Japan's economic activity, potentially influencing expectations for both local monetary policy and commodity demand, particularly in metals.
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