There has been plenty of Japanese data out today along with some bojj Bank of Japan info:
- BOJ Summary of Dec meeting: Risks to growth rising
- Japan data - Retail sales for November -1.0% m/m (expected -0.4%)
- Japan data - preliminary November industrial production: -1.1% m/m (expected -1.5%)
- Japan data - Tokyo headline CPI y/y for December: 0.3% y/y (expected 0.5%)CPI for the
- Japan data - Jobless Rate for November: 2.5% (expected 2.4%)J
Its the industrial output data of the most focus, and although it was not as bad as expected it was not strong either.
Reuters have a recap posted on the data:
- 1.1 percent month-on-month fall
- pressured by a pullback in production of general purpose machinery
- Manufacturers expect output to rise 2.2 percent in December but decline 0.8 percent in January
- data comes at a time of heightening volatility in global markets on concerns over slowing growth in U.S. and Chinese economies, uncertainty about U.S. fiscal and monetary policies, and trade protectionism.
