Japan CPI (yoy) June ticked up to 1.4% Core CPI (yoy) June...

Japan CPI (yoy) June ticked up to 1.4%

Core CPI (yoy) June ticked up to 2.1% vs 2.0% est and 1.90% previous.

BoJ is now in a rock and a hard place.

Continued Yen weakness feeds into imported inflation.

Japan real wages is eroding, as it won't be long there would be wages demand pressure.

BoJ rate rise must increasingly be on the cards to stem Yen weakness. But that could precipitate a bond market collapse and an end to the yen carry trade stoking financial stability worldwide.