Japan: National CPI Ex Food, Energy (YoY) (July): -0.1% vs -0.2%

Aug 30, 2013

Japan National Consumer Price Index (YoY) rises to 0.7% in July from 0.2%

AUD/NZD remains vulnerable under 1.1597; bears need break of 1.1415 to confirm thesis

Of the two countries, Australia has been the more bearish economically – short-term Fonterra problems in New Zealand aside. Will this continue? The chart of AUD/NZD says, “Yes”.