Producer prices in Japan up 0.4% m/m. New multi-month highs for USD/JPY

Noticias del mercado

12 diciembre 2016

Producer prices in Japan up 0.4% m/m. New multi-month highs for USD/JPY

Producer prices in Japan picked up 0.4 percent on month in November, the Bank of Japan said, cited by rttnews.

That beat expectations for 0.3 percent following the 0.1 percent decline in 0.1 percent in October.

On a yearly basis, producer prices slid 2.2 percent versus forecasts for a fall of 2.3 percent following the 2.7 percent slide in the previous month.

Export prices added 0.4 percent on month and 0.1 percent on year, the bank said, while import prices gained 2.2 percent on month and fell 1.7 percent on year.

Negative start of trading expected on the major stock exchanges in Europe: DAX -0.5%, CAC40 -0.5%, FTSE -0.2%

Japanese orders for products in mechanical engineering increased

Enfoque del mercado

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