Apart from what has apready been posted there is no fresh news.
Earlier:
- Tokyo headline July CPI 2.9% (vs. 3% expected)
- Recap – Tokyo inflation > BoJ target – reinforcing hike expectations late 2025/early 2026
- Japan’s June Services PPI +3.2% y/y, matching expectations of +3.2%
None of those data points ague against Bank of Japan rate hikes, and yet the yen is weaker on the session. The BoJ meet next week, but a rate hike is not expected until at least the end of this year.
This article was written by Eamonn Sheridan at investinglive.com.