Japan: Busy Economic Calendar

In contrast to the US, Japan has a very busy economic calendar next week with the Eco Watchers survey, machine orders, trade balance, corporate goods price index, consumer confidence and industrial production due for release.  This could lead to some yen driven price action, which is something that we haven’t seen in a while.  Keep an eye on US equities however since risk or no risk is still the primary driver for Japanese Yen crosses.