Japan data - February household spending -0.5% y/y (expected -1.7%)

Japan February 2024 household spending data:

-0.5% y/y

• expected was -1.7%, prior +0.8%

+3.5% m/m

• expected +0.5%, prior -4.5%

Yen is swinging around so far on the session, traders are jittery after the hug moves in response to Trumpo's tariffs.