Japan factory output +0.1% M/M in July; +1.9% in June
MNI Japan factory output increased +0.1% M/M in July; June was +1.9% M/M.
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MNI Japan factory output increased +0.1% M/M in July; June was +1.9% M/M.
***General Trend and Developments*** -The Japanese Yen remains slightly offered amid quarter-end and Gotobi. Sato ’s comments are now keenly awaited, especially ahead of the next BOJ decision [Jul 31st]. However, Japan 2-year bond traders seem unfazed given the stronger demand at auction -The PBOC continued to use its