Japan July Labor Cash Earnings +0.6% y/y

  • expected +2.0% y/y, prior was -2.4%

Real cash earnings +0.3% y/y

  • prior -3.0%

More (Reuters):

  • Inflation-adjusted real wages rose in July for the first time in 27 months (first increase since April 2013)
  • Nominal wages bounced from the prior month's drop