Japan Services PPI 1.6% (vs. expected 1.4%, prior 1.6%) forexlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexlive.com Daily Mail and Mail on Sunday newspapers.
Japan +0.66%. Tokyo area CPI for May, headline 3.2% vs. 3.4% expected. Underlying inflation in Tokyo hit a 40 year high in May.Japan Services PPI 1.6% (vs
The Japanese stock market has continued to show resilience despite the current heightened risk of global stagflation and rising geopolitical tensions. The benchmark Nikkei 225 and MSCI Japan have recorded a month-to-date return of +1.30% and +0.95% for May respectively at this time of the writing outperformed the US S&P 500 (-0.75%), MSCI Asia Ex Japan (+0.57%), MSCI Emerging Markets (+0.72%) and STOXX Europe 600 (+0.06%).
The Mib index closed higher on Friday, taking the point bar to the 27,300 area, outperforming other European exchanges, buoyed in part by good quarterly reports that gave strength to the buy side. . | May 5, 2023