Japan All Industry Activity Index (MoM) below forecasts (0.3%) in April: Actual (0.1%)

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Chinese MNI business sentiment rises further in June, PBoC expected to ease – Nomura

Economists at Nomura, review the China MNI business sentiment index data release, and further share their outlook for GDP growth and policy easing for the economy.
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USD/JPY: 123.50 likely to cap any recovery – UOB

Analysts at UOB Group, see USD/JPY recovery possible ahead, but expect 123.50 to cap any recovery.
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