Reply To: Traders Market Weekly: Market Corrections, When the Rubber Meets the Road

#36001
Truman
Participant

China’s March Industrial Profit 8.5% YTD (last 5.0%) o South Korea’s April Consumer Confidence 103.8 (last 103.2)
Australia’s Q1 CPI 2.1% qtr/qtr (expected 1.7%; last 1.3%); 5.1% yr/yr (expected 4.6%; last 3.5%)
Japan’s Prime Minister Kishida announced a JPY6.2 trln stimulus package while a JPY2.7 trln extra budget is expected to be compiled at a later time.
There was some speculation that a plan to reopen Japan to tourists will be proposed.
South Korea’s 12-month household inflation expectations increased to 3.1% from 2.9%.