A series of Japanese data now being released 31 May
- housing starts yy +9.0% vs +4.1% exp vs +8.4% prev
- annualized housing starts +0.995m vs +0.950m exp vs +0.993m prev
- small business confidence 45.6 vs 47.5 exp vs 47.8 prev
Disappointing but normally volatile construction orders tempered by better housing data. Neither of which are prime price movers.. Both for general filing.
USDJPY 111.20 just turning back up again as Nikkei finds a few buyers after the retreat from session highs. Now +0.78% at 17200.93
