Japan data (CPI out simultaneously on other post)

Overall Household Spending y/y for May, 4.8%

  • expected +3.6%, prior was -1.3%

Jobless Rate for May, 3.3%

  • expected 3.3%, prior was 3.3%

Job-To-Applicant Ratio for May, 1.19

  • expected 1.17, prior was 1.17

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The household spending number is a good one for the BOJ. It's the first y/y rise since March of 2014.

  • (& Its up 2.4% m/m)