Japan Labor Cash Earnings (YoY) came in at -0.4% below forecasts (0.5%) in June

Aug 4, 2017

RBNZ: a dovish guidance on the cards?- Westpac

Analysts at Westpac noted that the RBNZ may well surprise markets by emphasising the recent run of weak data and the high exchange rate. Key Quotes:

Japan real and nominal wage pay drops, to weigh over consumption

Basic pay for Japan's workers fell for the first time in more than a year in June due to a decline in summer bonus payments, and real wages dropped at