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Japan data: September unemployment rate 2.6% (expected 2.6%)
The jobless rate in Japan is super-low and fell again from August. The labour market is not a concern of the Bank of Japan, its doing just fine. The meeting is ahead, with the Statement due sometime in the 0230 to 0330 GMT time window.At least we know what the BOJ will do today: 10 year JGB yield to be permitted above +1%ICYMI: BOJ set to allow 10-yr Japanese government bond yields to rise above 1% ('sources')Bank of America expect the BOJ to allow the 10 year JGB yield ceiling to rise to 1.5%...
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Posted: Oct 30 2023, 23:32
Author Name: forexlive
Views: 112211