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More stimulus needed? Japanese inflation vanishes

Aug. 28, 2015 2:05 AM ETEWJ, JEQ, JOF, DFJ, DXJ, JSC, JPP, EWV, SCJ, EZJ, DBJP, FJP, NKY-OLD, JPNL, DXJS, HEWJ, DXJF, DXJR, DXJC, DXJH, DXJT, JPMV, QJPN, JHDG, JDG, HGJP, JPN, JPXNBy: Yoel Minkoff, SA News Editor4 Comments
  • The Bank of Japan's key inflation gauge slumped to zero for a third time this year, heightening pressure on policymakers to offer fresh monetary support to reflate the world's third-largest economy.
  • Although Japan's core consumer price index was unchanged in July from a year earlier, other data provided a mixed picture for the start of the third quarter.
  • Household spending unexpectedly fell, retail sales rose 0.6% from June, and the job market remained tight (job-to-applicant ratio rose to 1.21).
  • Nikkei +3% to 19,136.
  • ETFs: DXJ, EWJ, DFJ, DBJP, NKY, JOF, EZJ, JEQ, JPNL, DXJS, EWV, SCJ, HEWJ, JSC, ITF, JPP, QJPN, FJP, DXJT, JPMV, DXJR, DXJC, DXJH, JHDG, DXJF, JPN, JDG, HGJP

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