Japan November Industrial production (preliminary) -0.9% m/m (expected -1.6%)

<p>Both IP and retail outperformed:</p><ul><li>industrial output m/m didn't drop by as much as expected </li><li>retail sales y/y beat the median estimate</li></ul><p>Japanese manufacturers' forecasts:</p><ul><li>expect December output at +6.0% m/m (prior forecast was +3.2%)</li><li>expect January output at -7.2% m/m</li></ul><p>—</p><p>USD/JPY is down a few ticks, circa 141.43</p>

This article was written by Eamonn Sheridan at www.forexlive.com.