Japan February Industrial Output (preliminary) +2.5% m/m
- expected +2.3%, prior -1.1%
For the y/y, +0.3%
- prior +2.2%
One month ahead forecast is +0.6%
- prior +0.5%
2 month ahead forecast is +0.1%
- prior -2.0
Productions was stepped up to fill orders front running US tariffs.
USD/JPY update … sitting near session low:
This article was written by Eamonn Sheridan at www.forexlive.com.