Japan data - Q1 business capex +6.8% y/y (+12.2% expected) ...Middle East

Japanese business capital expenditure for the January - March quarter of 2024:+6.8% y/yexpected +12.2%, prior +16.4%-4.2% q/qCompany Profits +15.1% y/y, a massive beat (don't listen to all the whining out of Japan Inc, they're minting it. expected +8.3%, prior +13.0%Company Sales +2.3% y/yexpected +2.4%, prior +4.2%Speaking of Japan, here's the best 2 and half minutes you'll see on the internets for a good long time:Sound up too. Great track. This article was written by Eamonn Sheridan at www.forexlive.com.

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