Japan services PMI lifts yen prospects ahead of BOJ September
Japan’s services-sector PMI showed robust growth in August, according to Deutsche Bank Research. Strategists said the data raises prospects of the Bank of Japan increasing interest rates in September, supporting the yen.
Japan's latest services sector purchasing manager index data showed robust growth in August, raising the prospects of the Bank of Japan increasing interest rates in September and offering support to the yen, Deutsche Bank Research strategists say in a note.
The services data, along with speculation…