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BUZZ-Japan data on weak side today, BOJ stance unchanged despite

ReutersMar 4, 2025 1:00 AM

  • Tad weaker economic data out of Japan today, likely won't affect BOJ stance

  • January unemployment up a tick to 2.5%, unchanged 2.4% eyed

  • That said, jobs-applicants ratio up to 1.26 from Dec 1.25, 1.25 eyed

  • Also MOF survey showed Q4 CAPEX +0.6% q/q but off 0.2% y/y, rise eyed in '25

  • Recurring corporate profits up 13.5% however, on 2.5% rise in sales in Q4

  • Data suggests Japan Inc doing well and BOJ to err on side of tightening

  • Trump tariffs remain a threat but government hopeful won't damage economy

  • Trump voicing on weak yen also a concern but yen recently moving higher

  • See nP8N3OU03B, nAZN3HFF4U, nL2N3PN002, Trump on yen nL3N3PM1SK

  • Japan FinMin Kato on yen nP8N3MM07B, for more click on FXBUZ

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