Japan Capital Spending Q1 3025 +6.4% y/y
expected +3.8%, prior –0.2%for the q/q +1.6%
Capital Spending Ex Software +6.9% y/y
expected +5.3%, prior +3.1%
Company Sales +4.3% y/y
expected +3.0%, prior +2.5%
Company Profits +3.8% y/y
expected +6.0%, prior +13.5%
A bit of a mixed bag of results here. Profits not rising as much as expected and well below Q4 2024.
USD/JPY not a lot moved:
This article was written by Eamonn Sheridan at www.forexlive.com.