Japan · Retail Trade (YoY): 2.7

Actual2.7

Forecast3.3

Previous4

Surprise -0.60σ

VerdictBELOW FORECAST

ReadJGBs NEUTRAL · Equities NEUTRAL

Japan · Retail Trade (YoY): Actual 2.7, forecast 3.3, prev 4. Surprise: BELOW FORECAST by 0.6 sigma. Desk read: JGBs NEUTRAL · Equities NEUTRAL.

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