Japan Jibun preliminary, or flash, PMIs.

Manufacturing 48.9

  • prior 87.7

Services 53.1

  • prior 53.0

Composite 51.6

  • prior 51.1

The data focus from Japan today were the CPI numbers:

All three of the main measures are well above the Bank of Japan 2%.

Updating USD/JPY, after its big slide its had a bounce. This is hourly chart ... its been heavy all week:

usdyen hourly update pmi 21 February 2025 2
Source: Forex Live