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Japan Jibun February preliminary manufacturing PMI 48.9 (prior 48.7)

Japan Jibun preliminary, or flash, PMIs.

Manufacturing 48.9

  • prior 87.7

Services 53.1

  • prior 53.0

Composite 51.6

  • prior 51.1

The data focus from Japan today were the CPI numbers:

All three of the main measures are well above the Bank of Japan 2%.

Updating USD/JPY, after its big slide its had a bounce. This is hourly chart … its been heavy all week:

This article was written by Eamonn Sheridan at www.forexlive.com.

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