Recapping Japan's wholesale inflation data earlier - helping to fuel rate hike chatter ...Middle East

Japan December PPI +0.3% m/m (expected +0.4%) 3.8% y/y (expected 3.8%)

The steady inflation rate, which matched market expectations, was also influenced by rising fuel costs due to the removal of government subsidies. Additionally, the yen's weakness led to higher import prices, contributing to overall cost pressures for companies.

The latest chatter is of a hike too:

Bloomberg says Bank of Japan likely to hike rates next week This article was written by Eamonn Sheridan at www.forexlive.com.

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