Japan - March trimmed mean CPI The BOJ's calculation of trimmed mean CPI moved up in March to 1.1% YoY, equal with the previous record high in the series last reached in 2008. The details though were a little soft.
China - weekly update The government, fearing inflation or perhaps CNY weakness, is stepping up easing, but trying rather furtively.
Region - March/April exports External momentum has softened in recent months, but the downturn hasn't yet become very sharp. Data this week from across different economies suggests that there's no change yet in this picture.
China - weekly update The government's plan right now is to get the virus under control, and then guide companies back to work, thereby lifting the economy out of the covid shock without having to commit to a whole load of new 'stimulus'.
Korea - April BOK meeting The Bank of Korea decided today to raise the policy rate by a further 25bp, the fourth hike in this current cycle. From the perspective of BOK leadership - the bank currently being between governors - this was a mild surprise. But from the point of view of the economy,
Japan - February machinery orders Even allowing for month-to-month volatility, Japanese machine orders in February were soft.
