On the calendar - economic data due from Asia today

Author: Eamonn Sheridan | Category: News

At 9.30am (Tokyo time, which is 0030GMT) it's the alphabet soup meeting:

This is a regular thing, I expect the usual jawboning commentary which might give yen market a wiggle. Still no cash splashed on intervention yet.
If you need a reminder, those acronyms ...
  • Ministry of Finance
  • Bank of Japan
  • Financial Services Agency
Also today
2305GMT - GfK UK Consumer Confidence, this is the post-Brexit vote measure (the previous survey was back in the dark days pre-Brexit vote)
2350GMT - Current account data from Japan
  • BoP Current Account Balance for May, expected ¥ 1751.2B, prior ¥ 1878.5B
  • BoP Current Account, Adjusted: expected ¥ 1515.4B, prior ¥ 1625.8B
  • Trade Balance BoP Basis: expected ¥ 56.0B, prior ¥ 697.1B
  • Bank Lending excluding trusts June, y/y: expected 2.2%, prior 2.2%
  • Bank Lending including trusts y/y: prior 2.2%
0000GMT - Japan -
  • Labor Cash earnings for May y/y: expected is 0.5% prior was 0.3%
  • Real cash earnings, prior 0.6%
Its that meeting that will be the focus.

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