Intra-day Market Moving News and Views
29 Jan 2016 01:19GMT
USD/JPY - ...... Japan released a key set of data ahead of BoJ's monetary policy decision around Tokyo midday. Reuters reported Japan's core consumer prices rose 0.1 percent in December from a year earlier, government data showed today.
The core consumer price index, which includes oil products but excludes fresh food prices, matched economists' median estimate for a 0.1 percent annual gain.
The so-called core-core inflation index, which excludes food and energy prices and is similar to the core index used in the United States, rose 0.8 percent in the year to December.
Core consumer prices in Tokyo, available a month before the nationwide data, fell 0.1 percent in January from a year earlier, versus a 0.1 percent annual rise seen by analysts in a Reuters poll.
Reuters also reported Japan's industrial output fell 1.4 percent in December from the previous month, government data showed today, down for a second straight month in a sign that weakness in domestic and external demand is weighing on factory activity.
The reading compared with a median market forecast for a 0.3 percent decline in a Reuters poll of economists, data by the Ministry of Economy, Trade and Industry showed.
Manufacturers surveyed by the ministry expect output to rise 7.6 percent in January and decline 4.1 percent in February, the data showed.
Data to be released on Friday:
New Zealand building permits, Japan unemployment rate, jobs/applicants ratio, all household spending, CPI, industrial production, interest rate decision, housing start, construction order, Australia producer price index, U.K. consumer confidence, France GDP, producer prices, consumer spending, Swiss KOF leading indicator, Italy producer price index, Euro zone CPI, U.S. GDP, employment cost index, good trade balance, personal consumption expenditures prices, Chicago PMI, The Reuters/Michigan consumer sentiment index, Canada producer prices and GDP
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