WS #13980
Japan's July PPI rose 7.2% YoY (near record), and Bloomberg reports the Takaichi government supports a BoJ rate hike in Sept/Oct, strengthening the yen and pressuring USD/JPY.
Japan PPI and BoJ rate hike expectations
Japan's July PPI rose 7.2% YoY (near record), and Bloomberg reports the Takaichi government supports a BoJ rate hike in Sept/Oct, strengthening the yen and pressuring USD/JPY.