Japanese Services PPI (Dec) 2.6% vs Exp. 2.7% (Prev. 2.7%)
The Japanese Services PPI for December came in slightly below expectations at 2.6%, compared to the forecast of 2.7%.
UK BRC Shop Price Index YY (Jan) 1.5% (Prev. 0.7%)
Top Border Patrol official Bovino has been removed from his role as US Border Patrol commander at large, according to The Atlantic
Japanese Services PPI (Dec) 2.6% vs Exp. 2.7% (Prev. 2.7%)
ANTA Sports Products (2020 HK) to acquire 29.1% stake in Puma (PUM GY) for EUR 1.5bln
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: US President Trump announced to increase South Korean tariffs on autos, lumber, pharma, and all other reciprocal tariffs to 25% from 15%
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While this indicates some easing in price pressures, it aligns with previous data, suggesting stability rather than a significant trend shift. Market participants may view this outcome as supportive of the current economic environment, with implications for inflation and potential policy responses moving forward.
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