Japanese Retail Sales MoM (Feb) M/M -2.0% vs. Exp. -0.9% (Prev. 4.1%)
Japanese retail sales for February saw a significant decline of 2.0%, much worse than the expected decrease of 0.9%, and notably down from a prior increase of 4.1%.
New Zealand ANZ Business Confidence (Mar) 32.5 (Prev. 59.2)
New Zealand ANZ Acticity Outlook (Mar) 39.3 (Prev. 52.6)
Japanese Retail Sales MoM (Feb) M/M -2.0% vs. Exp. -0.9% (Prev. 4.1%)
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 sharp miss could signal weakening consumer demand, raising concerns about economic momentum, which may prompt a reassessment of monetary policy and impact JPY and related asset classes like commodities and equities.
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