Japanese Industrial Production YoY Prel (Mar) Y/Y 2.3% (Prev. 0.4%)

Japan's preliminary industrial production for March shows a significant increase year-on-year at 2.3%, up from the previous 0.4%. This stronger data could suggest a rebound in manufacturing activity, potentially influencing investor sentiment around commodities, especially metals, as increased production often correlates with higher demand. Market participants will be keen to see if this trend holds in subsequent data releases, as it could impact the outlook for growth and policy decisions in Japan.