Japan data - August industrial production (preliminary) -1.2% m/m (expected -0.8%)

Japan data

Industrial Production (YoY) (Aug) preliminary -1.3%

• prior -0.4%

Industrial Production (MoM) (Aug) preliminary -1.2%

• expected -0.8%, prior -1.2%

Forecast 2 mth ahead (Oct) 1.2%

• prior -0.3%

Forecast 1 mth ahead (Sep) 4.1%

• prior 2.8%

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Most focus is on the 'summary' ... this data would seem to bolster the case for the doves.

• BoJ Summary (September meeting) is barely shifting the yen
• BoJ split deepens: Hawks eye hikes, doves warn on risks