Japan - Industrial production (September, preliminary) -1.1% m/m (expected -1.6%)

Earlier data from Japan is here in unemployment and overall household spending

Now the September preliminary Industrial Production data, comes in at -1.1% m/m, lower than in August but a beat on the expected

• expected -1.6%, prior was -2.0%

Industrial Production +2.5% y/y ... beat

• expected 2.0%, prior was 5.3%

The outlooks (METI asks for these as part of the survey):

• For October, factory output seen at +4.7% m/m (vs. previous forecast at +3.5%)
• November seen at -0.9% m/m

Yen is not doing too much on the data, USD/JPY down a few tics as I update

• there are USD/JPY stops reported under 112.90 (not surprisingly under the US time lows), bids again 112.65/70

Stay tuned for the Bank of Japan:

• BOJ decision day - preview (add this to the other previews!)
• Bank of Japan meeting concludes today - here is when to expect the announcement
• Preview of the BOJ meeting (Cap Eco)
• Moving along - preview of the Bank of Japan meeting
• Preview of the Bank of Japan meeting (announcement due Tuesday)
• BOJ likely on hold this week, but to nudge down inflation forecasts