Tokyo CPI Ex. Fresh Food & Energy YY (Feb) 2.5% vs Exp. 2.3% (Prev. 2.4%)
Tokyo's CPI Excluding Fresh Food and Energy rose 2.5% in February, beating expectations of 2.3% and slightly up from the previous 2.4%.
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
Tokyo CPI Ex. Fresh Food & Energy YY (Feb) 2.5% vs Exp. 2.3% (Prev. 2.4%)
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 stronger-than-expected inflation print could strengthen the case for continued monetary tightening by the Bank of Japan, potentially impacting interest rate expectations and the yen's performance as markets reassess the growth-inflation outlook.
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