27 Nov 2015
Japan's CPI's in focus - Westpac
FXStreet (Guatemala) - Sean Callow, analyst at Westpac noted that today we see Japan’s Oct CPI and unemployment data but little else to inspire markets ahead of a very busy week.
Key Quotes:
"Base effects from the late 2014 oil price collapse will keep a heavy weight on headline CPI, seen at 0.2% y/y versus 0% in Sep. The BoJ’s formal target inflation rate, CPI ex-fresh food, is seen holding at -0.1% y/y while also excluding energy prices is seen at 0.8% y/y. Taiwan releases the second estimate of Q3 GDP, which should remain around -1% y/y. China Oct industrial profits data is also due."
Key Quotes:
"Base effects from the late 2014 oil price collapse will keep a heavy weight on headline CPI, seen at 0.2% y/y versus 0% in Sep. The BoJ’s formal target inflation rate, CPI ex-fresh food, is seen holding at -0.1% y/y while also excluding energy prices is seen at 0.8% y/y. Taiwan releases the second estimate of Q3 GDP, which should remain around -1% y/y. China Oct industrial profits data is also due."