Japan Retail Sales On Tap For Thursday

Japan is on Thursday scheduled to release June numbers for retail trade, headlining a light day for Asian economic activity.

Analysts are expecting retail sales to add o.4 percent on a seasonally adjusted monthly basis, following the 2.0 percent decline in May. On an annual basis, sales are tipped to climb 3.2 percent after adding 2.8 percent in the previous month. The sales from large retailers are expected to decline 4.0 percent - the same rate as in May.

Also, Japan's Ministry of Finance will provide the weekly capital inflow data for stocks and bonds.

by RTTNews Staff Writer

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