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Japanese Yen flatlines after CPI inflation report
The USD/JPY pair holds steady near 159.05 during the early Asian session on Friday. Growing speculation that the Bank of Japan (BoJ) could raise interest rates next month offsets the weaker Gross Domestic Product (GDP) data.
Japan Jibun Bank Manufacturing PMI meets expectations (55.1) in August
Japan Jibun Bank Manufacturing PMI meets expectations (55.1) in August
Japan Jibun Bank Services PMI increased to 52.3 in August from previous 51.2
Japan Jibun Bank Services PMI increased to 52.3 in August from previous 51.2
Japan National CPI ex Fresh Food (YoY) in line with expectations (1.8%) in July
Japan National CPI ex Fresh Food (YoY) in line with expectations (1.8%) in July
Japan National CPI ex Food, Energy (YoY): 1.8% (July) vs 1.7%
Japan National CPI ex Food, Energy (YoY): 1.8% (July) vs 1.7%
Japan’s National CPI climbs 2.0% YoY in July, Core CPI rises as expected
Japan’s National Consumer Price Index (CPI) climbed by 2.0% YoY in July, compared to the previous reading of 1.6% (revised from 1.7%), according to the latest data released by the Japan Statistics Bureau on Friday.
New Zealand Trade Balance NZD (MoM) dipped from previous $23MÂ to $1.95M in July
New Zealand Trade Balance NZD (MoM) dipped from previous $23MÂ to $1.95M in July
Japan National Consumer Price Index (YoY) up to 2% in July from previous 1.7%
Japan National Consumer Price Index (YoY) up to 2% in July from previous 1.7%
New Zealand Trade Balance NZD (YoY) fell from previous $-3.74B to $-5.23B in July
New Zealand Trade Balance NZD (YoY) fell from previous $-3.74B to $-5.23B in July
Australia S&P Global Services PMI dipped from previous 53.6Â to 52.9 in August
Australia S&P Global Services PMI dipped from previous 53.6Â to 52.9 in August
Australia S&P Global Manufacturing PMI unchanged at 52 in August
Australia S&P Global Manufacturing PMI unchanged at 52 in August
Australia S&P Global Composite PMI down to 52.5 in August from previous 53.2
Australia S&P Global Composite PMI down to 52.5 in August from previous 53.2
GBP/JPY Price Forecast: Bulls eye 217.00 as rally extends
The GBP/JPY advanced over 0.72%, refreshing a 14-day high of 216.90, with buyers eyeing a breakout above 217.00, which could open the door to a retest of the yearly highs hit in mid-July. The pair trades at 216.73 after bouncing off the daily low of 215.04.