*Japan April Inventory To Shipments Ratio Down 4.9% On Month, Shipments Up 2.3% On Month, Inventories Down 2.7% On Month

Japan April Core CPI Down 0.1% On Year

*Japan April Industrial Output Up 5.2% On Month

Yen gains ahead of Japan's April preliminary industrial production report

*Japan April All Household Spending Down 1.3% On Year