An early heads up for what is coming up on the last day of the week here in Asia (note these GMT times refer to Thursday 28 June 2018)
2330GMT brings labour market data for May
- Jobless Rate expected 2.5%, prior was 2.5%
- Job-To-Applicant Ratio, expected is 1.59, prior was 1.59
Last week we got the National CPI data for May, tomorrow in Japan we get (also at 2330GMT) Tokyo inflation data (for June - Tokyo CPI data is available almost a month earlier than the National CPI)
- Tokyo CPI y/y expected is 0.4%, prior was 0.4%
- Tokyo CPI excluding Fresh Food y/y, expected 0.6%, prior was 0.5%
- Tokyo CPI excluding Food, Energy y/y, expected 0.3%, prior was 0.2% (this is the one to watch, its closest to US core inflation)
Tokyo data is watched as a guide to the National data
At 2350GMT:
Industrial Production for May m/m (preliminary):
- expected -1.0% m/m, prior +0.5%
- expected +3.4% y/y, prior +2.6%
