23 Mar 2015
Japanese inflation in focus this week - Capital Economics
FXStreet (Bali) - Capital Economics Economist Marcel Thieliant shares his view on the week ahead for the Japanese market, noting that February's inflation data likely to be the centre of attention this week.
Key Quotes
"The February inflation data likely to be the centre of attention this week. We’ve pencilled in another drop in the Bank of Japan’s preferred inflation measure (excl. fresh food)."
"Meanwhile, a rebound in retail sales would probably generate positive commentary following January’s plunge, but this would mostly be due to the stabilisation in gasoline prices rather than a recovery in sales volumes."
"Finally, the jobless rate should decline again following January’s abrupt jump. (All data are due on Friday.)"
Key Quotes
"The February inflation data likely to be the centre of attention this week. We’ve pencilled in another drop in the Bank of Japan’s preferred inflation measure (excl. fresh food)."
"Meanwhile, a rebound in retail sales would probably generate positive commentary following January’s plunge, but this would mostly be due to the stabilisation in gasoline prices rather than a recovery in sales volumes."
"Finally, the jobless rate should decline again following January’s abrupt jump. (All data are due on Friday.)"