Followed by a slew of data rolling in at once:mixed bag

  • National CPI AUG YoY:                0.7 %  vs 0.7% exp, prior 0.4%
  • National CPI ex fresh food YoY:   0.5% vs 0.7% exp, prior 0.5%
  • National CPI ex food/energy:       0.2 % vs 0.2% exp, prior 0.1%
  • Tokyo CPI SEP YoY:                    0.5  % vs 0.6% exp, prior 0.5%
  • Tokyo core CPI YoY:                    0.0  % vs 0.5% exp, prior 0.4%
  • Unemployment rate AUG:            2.8  % vs 2.8% exp, prior 2.8%
  • Jobs/applicant ratio AUG:            1.52  vs 1.53 exp, prior 1.52
  • Household spending AUG YoY:   0.6% vs 1.0% exp, prior -0.2%
  • Household spending MoM       :   0.2% vs -0.2% exp, prior -1.9%

Spot reaction is muted , as usual shall I say , a bit of a mixed bad, core stays low, positive on the MoM household spending but a miss on the YoY . USDJPY 112.43

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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