Japan data – November Tertiary Industry Activity Index falls 0.2% m/m (prior rose 0.2%) | Forexlive
This data is released by Japan’s Ministry of Economy, Trade and Industry (METI).
- measures the total value of services purchased by Japanese businesses over the month
The focus is on the Bank of Japan’s policy decision that’ll be handed down tomorrow:
Previews:
The BOJ was active in the JGB market again today:
From today’s wrap:
USD/JPY rose with the BOJ JGB buying, from lows circa 128.25 it hit highs above 129.00. Overnight implied volatility ahead of tomorrow’s meeting has hit a six-year high of 51%. Volatility is assured into and after the BOJ statement.