Breaking
Posted 2 hours ago
Japan retail sales miss sharply at 0.5% YoY versus 3.1% forecast
Japanese retail sales came in at just 0.5% year-over-year, significantly below the 3.1% forecast and prior 5.3%, signaling weakening domestic demand. USD/JPY faces upside pressure as softer Japanese data supports the Fed hawkish narrative and widens rate-differential advantage for the dollar amid ongoing USD strength.
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2 hours ago
Japan Retail Sales Collapse 4.1% M/M in June, Missing Forecast
Japan's retail sales fell 4.1% month-on-month in June, well below the –1.6% forecast, after rising 1.9% prior. Year-on-year growth slumped to 0.5% versus 3.1% expected, down from 5.3% prior. Weak domestic demand raises JPY pressure and signals consumption slowdown ahead of BOJ policy decisions.
https://x.com/LiveSquawk/status/2082977509004431725New to MyTradingLand?
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