Japanese economy minister Nishimura: To consult with experts on relaxing restrictions on July 10

The Japanese economy minister Nishimura will o consult with experts on relaxing restrictions on July 10. More to come…

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Jibun Bank/Markit (June) PMIs: Services 45.0 and 40.8Composite

Japan – Jibun Bank/Markit Services and Composite PMI (final) for June Services 45.0, preliminary was 42.3Composite 40.8, preliminary was 37.9 more to come   

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Japan – Jibun Bank/Markit Manufacturing PMI (final) for June: 40.1 (vs. May was 37.8)

Preliminary was 37.8 (prior 38.4) – 14th straight month in contraction – Lower output and new orders  

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Japan press says Japan to ready 1m doses of coronavirus vaccine for swift distribution. Note, there is no vaccine.

Nikkei with the report that biotech venture AnGes will ready production capacity for 1 million doses of COVID19 vaccines by March They also say, and this is key (!): 

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USDJPY – 6-day high to 6-week low

USDJPY, H1 USDJPY dipped from levels just under 107.00 to a low of 106.74, and then rallied to a six-day high at 107.22 during the European session, following the Navarro…

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