Japan Labor Cash Earnings (YoY) up to 1.4% in March from previous 0.9%

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May 9, 2016

BOJ March minutes: Economy continuing to recover gradually

The BOJ March meeting minutes has been released, noting that the economy is continuing to recover gradually.

USD/JPY inter-market: Watch divergence US-Japan yield spread

USD/JPY presents some significant divergence when analyzed against its 10-year US-JP yield spread, as a result of what has been an major withdraw of liquidity by market makers ever since BOJ's disappointing inaction on April 28th.