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Traders price almost 1 percentage point of ECB rate rises over next year Euro zone annual inflation accelerates to 3.3% in August from 2.9% in July Brent crude options show heaviest bets on $100 oil by end-December (Updates paragraph 18 of September 17 story with Bank of Japan rate rise) By Stefano Rebaudo, Harry Rober
Japan’s July household spending rose on air conditioners amid a heat wave. Hotels and dining out also increased, but were not strong enough to lift total spending.
Japan all household spending MoM came in at 0.5%. Prior reading was -6.4%.
Japan household spending increases