The Bank of Japan’s Summary of Opinions from the June meeting showed that at least one policymaker is open to reviewing yield curve control policy.
Japan’s top currency diplomat said that recent yen weakness has been rapid and excessive, which has to be dealt with appropriately.
Japan’s April Leading Index 0.0% m/m (expected 0.7%; last -0.5%) and Coincident Indicator 0.1% m/m (expected 0.2%; last 0.1%). May Corporate Services Price Index 1.6% yr/yr (expected 1.8%; last 1.6%)