Japanese Tokyo Core CPI YoY (Feb) Y/Y 1.8% vs. Exp. 1.7% (Prev. 2.0%, Rev. From 2%, Low. 1.6%, High. 2%)
The Tokyo Core CPI for February has come in at 1.8%, slightly above expectations of 1.7% but down from the previous reading of 2.0%.
Japanese Retail Sales YoY (Jan) Y/Y 1.8% vs. Exp. -0.4% (Prev. -0.9%, Low. -0.7%, High. 2.5%)
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Sony Group (6758 JT) increases share repurchase programme to a maximum of JPY 250bln from JPY 150bln previously
Japanese Tokyo Core CPI YoY (Feb) Y/Y 1.8% vs. Exp. 1.7% (Prev. 2.0%, Rev. From 2%, Low. 1.6%, High. 2%)
Meta (META) signed multi-billion dollar deal to rent Google's (GOOG) AI chips, known as Tensor Processing Units, to develop new AI models, according to The Information
Iranian Foreign Minister says further progress has been made in our diplomatic engagement with the US, also says mission of the technical teams is as important as our mission
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This modest beat could suggest a stabilization in inflationary pressures in Japan, potentially impacting expectations for future Bank of Japan monetary policy and influencing currency and commodity markets, especially gold given its inverse relationship with real yields.
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