Japan Jibun preliminary, or flash, PMIs.
Manufacturing 48.9
Services 53.1
prior 53.0Composite 51.6
prior 51.1The data focus from Japan today were the CPI numbers:
Japan January Core CPI 3.2% y/y vs. 3.1% expectedAll three of the main measures are well above the Bank of Japan 2%.
Updating USD/JPY, after its big slide its had a bounce. This is hourly chart ... its been heavy all week:
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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