Japan - Industrial Production for April, flash: +0.3% m/m (expected 1.4%)

Japanese Industrial Production for April, this is the preliminary reading: +0.3% m/m

• expected 1.4% m/m, prior 1.4%

+2.5% y/y

• expected 3.6% y/y, prior 2.4%

A miss on this data. A disappointing sign for continued economic recovery

For the outlook:

• Japan's manufacturers see June output down 0.8% m/m

Not moving the yen much at all. Check this out from earlier:

• Reports that North Korea's Yongbyon nuclear research complex is still active

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For background on this, check out the preview here:

• Preview of Japan data today - flash reading for Industrial production (April)