Eurozone Construction Output w.d.a (YoY) up to 1% in June from previous -2.4%

Eurozone Construction Output w.d.a (YoY) up to 1% in June from previous -2.4%
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JPY carry trades – DBS

The Japanese Yen (JPY) has rebounded from a record under-valuation in the wake of BOJ's rate hike in July, accompanied by a reduction in the pace of JGB purchases from JPY6trn per annum to about JPY3trn in Q1 2026, DBS FX strategist Chang Wei Liang notes.
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