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Japan wage talks – Toyota will reply to Union on March 13

Wage negotitiaons in Japan proceed, with merchants and the Financial institution of Japan wanting on for indicators of wage hikes that will in flip result in the BoJ tightening coverage.

The most recent dribble of reports is that Toyota didn’t
reply to its union’s 2024 wage hike calls for on the third spherical
of pay negotiations on Wednesday.

The corporate mentioned it’s going to make the
formal response on March 13.

USD/JPY shouldn’t be doing a lot, ready for Powell later:

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