Data released from Japan for the money stock and the weekly international seucrities flows
Not that its going to be of much relevance for the yen (no immediate impact)
Money stock M2 % y/y
- exp +3.2%, prior +3.2%
M3 2.8% y/y
- expected +2.7%, prior +2.7%
Slowing growth in the money stock alongside slowing growth in bank lending 9we got the data on this yesterday). Not like tis collapsing or anything though, still higher.
On the securities flows for the week (ended April 6):
Japanese investors net sellers of foreign bonds 609.4b yen
- Bought 149.3b yen in equities from overseas
Foreign investors bought 818.9b yen Japanese bonds
- Bought 332.9b yen Japanese stocks
