Japanese January labour cash earnings +3.0%
The catastrophic start of the week sees oil popping more than 10 USD/b as geopolitical tension persists. Trump's empty words did not help with the climb in oil price and fall in U.S. equities. U.S. major equity indexes are down close to 2%.
USD/JPY is trading 0.44% higher at 158.44 despite a headline beat in labor cash earning at 3% y/y.