Japan data - December Services PPI +0.4% y/y (prior 0.2%)

Services PPI from Japan for December.

+0.4% y/y (not m/m)

• expected is 0.2
• prior 0.2

File this one in the circular file. Not a market mover.

Having said that, USD/JPY plumbing new session lows, as is AUD and NZD. If correlation is causation I guess I'm wrong on the circular file comment :-D (ps. No, not wrong. At least on this).