The upcoming Asia-Pacific calendar features Japanese employment, CPI and industrial production plus the Markit manufacturing survey.
I would expect a series of soft data points to work against the yen (ie boost yen crosses) rather than spark risk aversion. With the election just three weeks away, signs of a soft economy will encourage the incoming government to take radical action to weaken the yen.
If you’re looking for another reason to short Japan, here it is: sales of adult diaper sales there have surpassed infant ones.
