Japanese National CPI YY (Jan) 1.5% vs Exp. 1.6% (Prev. 2.1%)
The Japanese National CPI for January came in at 1.5%, slightly below the expected 1.6% and significantly lower than the previous 2.1%.
Australia sells AUD 800mln 3.25% April 2029 bonds, b/c 3.89, avg. yield 4.3014%
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Nissan (7201 JT) is recalling 642,698 Rogue SUVs in the US across two separate recalls due to issues that could cause a loss of drive power
Japanese National CPI YY (Jan) 1.5% vs Exp. 1.6% (Prev. 2.1%)
US President Trump posts "..Companies are thriving because of TARIFFS. The United States of America has taken in Hundreds of Billions of Dollars, and quadrupled (at least) National Security, all as a result of the Economy Saving TARIFFS!"
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This miss suggests a cooling in inflationary pressures, which could impact the Bank of Japan's policy stance and potentially signal a shift in sentiment regarding the growth-inflation balance, affecting commodity markets and the yen accordingly.
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