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Selasa, 26 Januari 2016

Japan data - December Services PPI +0.4% y/y (prior 0.2%)

Services PPI from Japan for December.

+0.4% y/y (not m/m)

– expected is 0.2

– prior 0.2

File this one in the circular file. Not a market mover.

Having said that, USD/JPY plumbing new session lows, as is AUD and NZD. If correlation is causation I guess I’m wrong on the circular file comment 😀 (ps. No, not wrong. At least on this).





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