Friday is shaping up as a big day.
From Japan will be July CPI data and Bank of Japan Governor Ueda.
From the US will be Federal Reserve Chair Powell speaking at Jackson Hole.
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Re Japan’s CPI:
due on August 238.30am Tokyo time2330 GMT on August 221930 US Eastern time on August 22
The data:
Expectations from are that core CPI is forecast to rise 2.7% y/y in July vs 2.6% in June
This would register inflation above the BOJ 2% target for the 28th straight month
The end of energy subsidies likely boosted headline figure
ICYMI earlier:
Reminder, Bank of Japan Governor Ueda will speak in Japan’s parliament on FridayThis snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com.Friday is shaping up as a big day.From Japan will be July CPI data and Bank of Japan Governor Ueda. From the US will be Federal Reserve Chair Powell speaking at Jackson Hole. -Re Japan’s CPI: due on August 238.30am Tokyo time2330 GMT on August 221930 US Eastern time on August 22The data:Expectations from are that core CPI is forecast to rise 2.7% y/y in July vs 2.6% in June
This would register inflation above the BOJ 2% target for the 28th straight month
The end of energy subsidies likely boosted headline figureICYMI earlier:Reminder, Bank of Japan Governor Ueda will speak in Japan’s parliament on FridayThis snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
This article was written by Eamonn Sheridan at www.forexlive.com. Read MoreCentral Banks
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