Japan's industrial output and retail sales beat forecasts in July
Japan's industrial output and retail sales beat forecasts in July, but manufacturers expect a September decline.
31/08/2026 00:1315 min read
Japan's industrial output and retail sales beat forecasts in July, but manufacturers expect a September decline.
Bessent says yen moves contained, backs Ueda, and sees no new intervention. He expects BOJ to set its own pace on rates.
Japan's yen fell to 160.16 per dollar despite ¥15.4 trillion support. A stronger yen may unwind carry trades, potentially hurting Bitcoin.
Treasury Secretary Bessent denies a US loan to Japan, detailing a yen asset swap instead of debt.
USD/JPY extends gains as traders await Fed Chair Warsh's Jackson Hole speech for policy clues.
Tokyo's August core CPI beat forecasts, rising to 1.8% y/y, while core-core hit 2.0%, supporting expectations for a BOJ rate hike at the September policy…