JPY

BOJ maintains economic assessment for 5 of Japan's 9 regions in latest 'Sakura Report'

• The assessment for 2 regions were raised while 2 more were cut in the report released today

Japan inflation adjusted wages -1.4% y/y in May

• Inflation adjusted wages are 'real' wages

Newsquawk Week Ahead: US CPI, Powell testimony and US earnings

• Next week highlights include US CPI, Fed Chair Powell testimonies, a BoJ bond meeting, the RBNZ policy announcement, second round of French elections, US earnings and more.

USDJPY Technical Analysis – The soft US data triggered a correction

• The USDJPY pair started to pull back after soft US data and a downside breakout of a key trendline. What’s next?

Japan May leading indicator index 111.1 vs 110.9 prior

• Latest data released by the Japan Cabinet Office - 5 July 2024

USD/JPY has lost further ground, USD weaker across the board

Japan finance minister Suzuki says weak yen is pushing up import costs

• Suzuki says weak yen is having an impact on prices

Julius Baer like further upside in Japanese equities

• The broad TOPIX index of Japanese stocks hit a record high on Thursday

Japan official with excuses for poor household spending in May

Japan data - May household spending -1.8% y/y (expected +0.1%)

• The Japanese consumer not showing up

USD/JPY upside starts to lose some steam ahead of US holiday session

• The dollar is slightly lower on the day thus far

Japan earthquake - M5.4, off Chiba prefecture

• Japan Meteorological Agency with the report

Japan stocks - Topix index, and Nikkei have each hit a record high

• Japan equities are seeing inflows, helped by a bargain basement yen

USDJPY Technical Analysis – The only way is up for now

• The USDJPY pair continues to rally as the break of the key 160.00 handle and the lack of intervention gave the buyers more confidence to target new highs. What’s next?

Japan reportedly to issue new floating-rate bonds to help investors if BOJ hikes rates

• Reuters reports, citing two government sources on the matter