August 18, 2022 23:27 GMT
JGB futures added 2 ticks in overnight dealing, largely tracking gyrations in the wider core global FI space as the contract pulled back from best levels during NY dealing.
- There hasn’t been much in the way of meaningful domestic headline flow to digest since Thursday’s Tokyo close.
- National CPI data for July dominates a relatively limited domestic docket on Friday, with the BBG median looking for the headline reading to step up to +2.6% Y/Y from the +2.4% seen in June, while the excluding fresh food measure is expected to lift to +2.4% Y/Y from +2.2% and the excluding fresh food and energy measure is seen at +1.1% Y/Y from +1.0%. 3-month bill supply is also due.