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2024-06-19 00:30:02
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Reuters Tankan Index and Japan Trade Data Impact on Bank of Japan Hike Bets
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#003e8cdb ver:0.56

Bank of Japan considers raising interest rates in July depending on economic data. Weak yen may impact household spending, but increasing wages will support consumption. Machinery orders in Japan decline, signaling waning demand. USD/JPY trends depend on US retail sales, inflation in Japan, and Bank of Japan interest rate decision. Reuters Tankan Survey shows weakening sentiment in manufacturing and non-manufacturing sectors. Trade data expected to show widening deficit. Central bank chatter and US housing data influence USD/JPY pairing....

#newstr #BankOfJapan #InterestRates #Usd/jpy #ImportCosts #HouseholdSpending #Wages #Consumption #EconomicRecovery #Pboc #Usd/cny

https://here.news/story/003e8cdb?ver=0.56
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