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Japan's Inflation Hits 3.6% as Nikkei Gains 0.6% in Holiday-Thinned Trading

Fresh data reveals inflation surpassing the Bank of Japan's target for a third year, while trade tensions and corporate caution shape market sentiment.

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Broker watches their screens at the stock market in Frankfurt, Germany, Wednesday, April 16, 2025. (AP Photo/Matthias Schrader)
The logo for UnitedHealth Group appears above a trading post on the floor of the New York Stock Exchange, Thursday, April 17, 2025. (AP Photo/Richard Drew)
A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Thursday, April 17, 2025. (AP Photo/Richard Drew)

Overview

  • Japan's March inflation rate reached 3.6%, exceeding the Bank of Japan's 2% target for the third consecutive year, highlighting sustained price pressures.
  • The Nikkei 225 rose 0.6% in Friday trading, leading gains in Asia as most regional markets remained closed for Good Friday observances.
  • TSMC reported quarterly profits in line with expectations but flagged potential risks tied to ongoing U.S. trade tariff uncertainties.
  • U.S. markets closed mixed on Thursday, with the S&P 500 edging up 0.13%, the Nasdaq slipping 0.13%, and the Dow falling 1.33%, reflecting investor concerns over tariffs and economic stability.
  • President Trump's proposed 'reciprocal' tariffs continue to create uncertainty, with economists warning of potential recession risks if fully implemented.