South Korean Imports YoY (Apr) Y/Y 16.7% vs Exp. 13.1% (Prev. 13.2%)

The stronger-than-expected growth in South Korean imports is notable, coming in at 16.7% YoY compared to the expected 13.1%.

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[MARKET UPDATE] ASX 200 +1.0%, Nikkei 225 +0.2%; US equity futures hold onto earlier gain, albeit modestly; DXY flat, USD/JPY returning above 157.00 following cooler-than-expected Tokyo CPI

Irish AIB Manufacturing PMI (Apr) 54.9 (Prev. 53.7)

South Korean Imports YoY (Apr) Y/Y 16.7% vs Exp. 13.1% (Prev. 13.2%)

Japanese Foreign Stock Investment (Apr/25) 41.2B (prev. 338.3B)

Japanese Bond Investment by Foreigners (Apr/25) -786.9B (prev. -294.7B)

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This suggests robust domestic demand, which could have implications for inflation and economic growth in the region, potentially influencing monetary policy considerations.

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