Japan’s Industrial Productions

January 30, 2012 by · Leave a Comment 

Industrial Production improved in December, however the market had no reaction to the release.

  • Industrial Production (MoM) – Survey:3.0%   Actual:4.0%   Prior:-2.7%
  • Industrial Production (YoY) – Survey:-5.0%   Actual:-4.1%   Prior:-4.2%

Japan’s December Unemployment Rate

January 30, 2012 by · Leave a Comment 

Expecting to have the Jobless Rate reading at 4.5% for December, Japan received a worse than expected report at 4.6% (4.5% prior.) The USDJPY pair continues to range quietly in the lower half of the 76 handle after trading lower to open the week.

Japan’s Manufacturing PMI

January 30, 2012 by · Leave a Comment 

Japan’s Markit/JMMA Manufacturing PMI for January came in at an expansionary 50.7, better than the prior months reading of 50.2. The USDJPY pair did nothing following the release.

Shirakawa; negative impact of strong yen outweigh benefits

January 24, 2012 by · Leave a Comment 

* closely monitoring impact of strong yen

* timing of return to recovery delayed a little

* trade deficit likely to be temporary

Usd/Jpy remains at 77.00, Eur/Jpy at 100.15.

BOJ Keeps Rates Unchanged (0.0% – 0.1%)

January 23, 2012 by · Leave a Comment 

  • Asset-Purchase Fund unchnaged at 20 Trillion Yen.
  • Credit-Loan Program unchanged at 35 Trillion Yen.
  • Monthly JGB purchases at 1.8 Trillion.
  • FY2012 GDP rising 2.0% vs October forecast of 2.2%

Japan’s Cabinet Office Releases Fiscal Projections

January 23, 2012 by · Leave a Comment 

  • FY2015 Primary Deficeit will be 3.6% of GDP.
  • FY2020 Primary Deficeit will be 3.1% of GDP.

Japan’s Tertiary Industry Index

January 16, 2012 by · Leave a Comment 

Japan’s Tertiary Industry Index for November expected at -0.4% came in worse at -0.8%, also weaker than October’s increase of 0.6%. The USDJPY pair had a muted reaction continuing to trade below the 77 handle to begin this week.

Japan’s Machine Orders & Inflation Report

January 15, 2012 by · Leave a Comment 

Machine Orders rose in November and inflation picked up in November, however the USDJPY pair and risk pairs have had no reaction to the release.

  • Machine Orders – Survey:5.1%   Actual:14.8%   Prior:-6.9%
  • Machine Orders – Survey:3.8%   Actual:12.5%   Prior:1.5%
  • Domestic CGPI (MoM) – Survey:-0.1%   Actual:0.1%   Prior:0.1%
  • Domestic CGPI (YoY) – Survey:1.2%   Actual:1.3%   Prior:1.7%

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