Japanese data for Q4 of 2023.
Business Capex +16.4% y/y
- expected +2.9%, prior +3.4%
Company Profits +13.0% t/t
- expected +21.3%, prior +20.1%
USD/JPY is little changed on the data. Right now the yen is all about what the Bank of Japan will do, or do not.
Ueda is not Yoda
