could there be pay rises in Japan...as it is a real issue there as wages have not gone UP in ages=
wages up??? costs??? but at least they may afford some more .....pizza?
"USD/JPY (^USDJPY) is down by -0.20%. The yen today is moderately higher against the dollar. The slump in the 10-year T-note yield today to a 1-month low has sparked short-covering in the yen. Another supportive factor for the yen was comments today from the leader of UA Zensen, one of Japan’s largest unions, who said he would push for pay raises above 6%, which would boost wage pressures and enable the BOJ to raise interest rates."
https://www.barchart.com/story/news/23773613/stocks-move-higher-as-bond-yields-fall
Ann: Trading Update, page-227
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