"Japan's Economy Grows, Avoids Recession as BOJ Considers Positive Rates"
TL;DR Summary
Asian stock markets were subdued as the yen strengthened amid reports that the Bank of Japan may end its negative rates this month. Investors are awaiting the US consumer price index report for February, which could impact global rate cuts. The yen's rise is attributed to expectations of a change in Japan's yield curve control and negative rate policy. Meanwhile, the dollar weakened, and gold prices rose, while oil prices faced challenges due to concerns about China's demand.
- Asia shares subdued, yen firm as BOJ ponders positive rates Reuters
- Japan avoids technical recession as economic growth figures revised BBC.com
- Japan averts technical recession as revised fourth-quarter data shows economy grew 0.4% CNBC
- Japan's Economy Expanded in Fourth Quarter on Capital Spending Boost The Wall Street Journal
- Japan’s economy avoids recession by growing in last year’s final quarter, according to revised data The Hill
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