Japan's September nationwide core CPI rose 2.1% year-on-year, matching forecasts and up from 1.7% previously, with overall CPI up 2.1% from 1.9% and core-core CPI up 2.4%.
FirstSquawk10/23, 06:30 AM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
JPY
Pushes up
DaysMedium confidence
Inflation at the BOJ's 2% target supports expectations of further policy normalization, which tends to lift JPY.
What could change this
The BOJ may still move cautiously despite inflation reaching target, limiting JPY support.
USD/JPY before and after this story
156.863+0.07%vs previous close
+0.15%
since this story
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This story
10/23, 03:55 AM10/24, 03:55 AM