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YoY export growth is clearly slowing, and while the (somewhat patchy) leading indicators available for Chinese export growth suggest this weakening continues, the downside looks somewhat limited for now.
Even allowing for month-to-month volatility, Japanese machine orders in February were soft.
After the jump in February, it wasn't a surprise that labour market data softened in March. That just looks like a correction though
Export growth remained strong in March. Leading indicators are pointing to somewhat weaker growth ahead.
Korean headline CPI inflation rose again in March to 4.1% YoY. That's the highest since 2011, and well above the BOK's 2% target for inflation.
The cycle has clearly peaked in Taiwan, but the gradient of the slowdown still isn't clear.