Latest data released by Japan's METI - 12 June 2018
- Prior -0.3%
The statistic basically measures the total value of services purchased by Japanese businesses over the month. A minor data point, but at least it shows some improvement in activity relative to Q1.
USD/JPY remains underpinned as Asian equities are holding up well on the back of the positive vibes seen so far from the Trump-Kim summit, currently trading at 110.40.
