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Japanese Yen Bulls Seem Reluctant as Trade Tensions Offset BoJ Rate Hike Bets
Japan's January Producer Price Index Rises 4.2%
In the "Economy", Japan's January PPI increased by 4.2% year-on-year, exceeding expectations.
The Bank of Japan announced that in January, Japan's Producer Price Index (PPI) rose 4.2% year-on-year, better than expected, with the previous value revised up to 3.9% increase. Month-on-month, PPI grew by 0.3%, in line with expectations, and the previous value was revised up to a 0.4% increase.
JGBs Fall, Tracking Declines in U.S. Treasurys -- Market Talk
Nikkei May Rise as Weak Yen Raises Earnings Hopes -- Market Talk
The "tariff fire" from the USA may reach Japan, and the yen also cannot escape Trump's grasp.
The market is worried that Japan might be included in Trump's tariff plan, causing the yen to fall to a one-week low.....