Japan Industrial Production (preliminary, October)

+0.1% m/m

  • expected 0.0% m/m, prior +0.6%

-1.3% y/y

  • expected -1.3% y/y, prior +1.5%
  • Japanese manufacturers see November output at +4.5% m/m
  • December output seen at -0.6% m/m

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Little response from the yen, but as I update a few minutes later its strengthening against the USD; USD/JPY down quite sharply: