A few items of interest in the way of economic data due from Japan today.
Eco data from Japan often has little immediate impact on the yen, and I don't expect today's will be any different. What seems to me much more significant is the change in rhetoric out of Tokyo in the past week or so ... there has been a LOT more chatter of further BOJ easing actions. Abe, Abe's advisers and others have all been at it. The next Bank of Japan meeting is on October 6 and 7, so something on the radar for next week. Time to study up on the 'Kuroda line' for USD/JPY? Does it exist?
I'm getting ahead of myself .... here is what coming up today, at the earlier than usual time of 2330GMT:
Overall Household Spending y/y for August,
- expected is +0.3%, prior was -0.2%
Jobless Rate for August,
- expected is 3.3%, prior was 3.3%
Job-To-Applicant Ratio for August,
- expected is ,1.21 prior was 1.21
