The only economic data out of Asia today is the Japan June Corporate Goods and Services Price Index. Forecast is that it has fallen 6.4% yr/yr, which would be a record decline. Month-on-month, the forecast is -0.1%.
With a likely fall due in June, it will add to the argument that Japan’s second bout of deflation in less than two years is deepening.
These numbers are usually on the money, anything outside the square may spark some life into these idle markets this morning.