Final production data now out and weaker than expected

  • +1.1% prev
  • y/y 0.0% vs +0.2% flash vs +2.3% prev

Tertiary Industry Index July mm +0.2% as exp vs +0.3% prev

Capacity Utilization July mm -0.2% vs +0.7% prev

All the data will give the BOJ food for thought as it meets today/tom.

USDJPY 120.30 near session lows

Nikkei down -1.55% at 17984.36 after lows of 17930.92 so far