Japan April 2018 CPI data on 18.05.2018

  • prior 1.1%
  • National CPI ex Fresh Food YoY 0.7% vs 0.8% exp, prior 0.9%
  • National Core core CPI  0.4 % vs 0.4% exp, prior 0.5%

Even a tenth worse than expected on the main and core. So far USDJPY doesn’t budge at 110.80 but should remain bid in this context.

 

K-man
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