Looking Ahead in Asia

Japan should remain the key focus for Asian markets in the week ahead as investors look to a slew of data on tap to confirm that the economic giant is poised for a comeback.

Government data last Tuesday showed the world’s third-largest economy expanded an annualized 2.4 percent, marking its fastest pace in a year and beating the 1.5 percent print expected in a Reuters poll. The optimism led the benchmark Nikkei 225 up 2.7 percent for the week.

Monday will bring April trade figures, while inflation, jobs, industrial production and household spending data for the same month are all due for release at the end of the week.

CNBC

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.