Japan's cabinet office releases its monthly economic report

  • Govt maintains economic assessment for December
  • Private consumption is in picking up moderately
  • Business investment is increasing moderately
  • Exports are picking up
  • Industrial production is increasing moderately
  • Corporate profits are improving, firms' judgment on current business conditions is improving
  • The employment situation is improving but consumer prices are flat

Not really important news, but okay. The key Japanese news today is the BOJ - which refrained from changing monetary policy earlier today here.

Later on at 0630 GMT, we'll have BOJ governor Kuroda's press conference.

USD/JPY is trading at 113.41 - not much movement on the day and at current levels basically flat from yesterday's close.