Japan June Retail sales come in much better than expected, a welcome development. The Bank of Japan will remain on hold today is the expectations (see links below for previews).
+1.0% m/m
- prior -0.2%
+2.0% y/y
- expected +1.8%, prior +1.9%
Still to come from Japan today:
- Economic calendar in Asia Thursday, July 31, 2025 – BoJ interest rate decision, China PMIs
- PREVIEW – BOJ likely to hold steady, market too hawkish on October hike odds
- BOJ expected to hold rates steady, offers cautious optimism as trade headwinds ease
This article was written by Eamonn Sheridan at investinglive.com.
