BOJ Official: December Tankan likely did not take into account impact of Omicron

Commenting on the result of the central bank’s Tankan Survey, a Bank of Japan (BO) authentic said, “most companies that responded in December BOJ Tankan possibly did now not take into account have an impact on of Omicron.”

On inflation, the respectable cited that Japanese firms’ inflation expectations for one 12 months in advance stand at +1.1%m the easiest stage considering that September 2015.

USD/JPY reaction
USD/JPY is protecting greater floor above 113.50, as of writing, unfazed by using the BOJ’s Tankan Survey.

USD/JPY recaptures 113.50 as S&P five hundred futures open greater