Asia Markets Decline as Investors React to Japan’s Household Spending Data and China’s Central Bank Actions
Asia-Pacific markets experienced declines as investors evaluated Japan’s household spending and pay data. Real household spending in Japan fell by 0.4% year-on-year, which was a smaller drop than the 0.6% decline expected by economists. This was also an improvement compared to the 1.3% fall observed in the previous month. The average real income per household […]