Japan Household spending for March +6.2% y/y

  • expected +1.5% y/y, prior -6.6%

For the m/m, +7.2%

  • expected +2.1%

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Still to come from Japan, due at 2350 GMT, the Bank of Japan 'Summary of Opinions' of the April meeting, at which

  • short-term interest target kept at -0.1%
  • 10 year JGB yield target remains around 0%
  • ETF buy cap stays at 12tln yen
  • and the Bank edged up its forecasts for economic growth
Japan Household spending for March +6.2% y/y