Friday is shaping up as a big day.

From Japan will be July CPI data and Bank of Japan Governor Ueda.

From the US will be Federal Reserve Chair Powell speaking at Jackson Hole.

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Re Japan's CPI:

  • due on August 23
  • 8.30am Tokyo time
  • 2330 GMT on August 22
  • 1930 US Eastern time on August 22

The data:

  • Expectations from are that core CPI is forecast to rise 2.7% y/y in July vs 2.6% in June
  • This would register inflation above the BOJ 2% target for the 28th straight month
  • The end of energy subsidies likely boosted headline figure

ICYMI earlier:

Japan July cpi preview 22 August 2024 2
  • This snapshot from the ForexLive economic data calendar, access it here.
  • The times in the left-most column are GMT.
  • The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.