Japanese PPI YoY (Dec) Y/Y 2.4% vs. Exp. 2.4% (Prev. 2.7%)
The Japanese PPI came in at 2.4% year-on-year, matching expectations but down from the previous 2.7%.
Australian Consumer Inflation Expectations (Jan) 4.6% vs. Exp. 4.5% (Prev. 4.7%)
US embassy in Qatar says at this time, US embassy staffing and operations are not changed, and consular services continue as normal; will continue to monitor the situation
Japanese PPI YoY (Dec) Y/Y 2.4% vs. Exp. 2.4% (Prev. 2.7%)
The US Senate votes 51-50 in favour to allow US President Trump to act on Venezuela military action without Congressional approval; VP Vance casting the deciding vote
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCK NEWS
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This stability reinforces the current inflation trend in Japan, but the decline indicates potential easing in producer prices, which may have implications for future monetary policy and could affect commodities prices, particularly metals, given their sensitivity to PPI trends.
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