Japan capex, profits, sales all fell in Q3 – recap

News

Japan third-quarter corporate data was out earlier, the results are here: 

Reuters have a recap of the data, and, as you’d expect, cite the impact of the pandemic:

  •  coronavirus hit private sector demand, keeping policymakers under pressure to deploy large stimulus to respond to the pandemic.
  • To cope with the virus pain, ruling party lawmakers have sought an extra budget of 20 trillion-to-30 trillion yen ($190 billion-$290 billion) to fund new stimulus ordered by premier Yoshihide Suga.

USD/JPY is little changed on the session here, EUR/USD has bounced somewhat:

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