Tokyo's Inflation Surge and US Economic Data Shape Market Sentiment

Rising prices in Tokyo prompt Bank of Japan to consider rate hike, while US markets react to mixed economic indicators.

Tokyo's consumer prices rose 2.1% in June, driven by higher energy costs and industrial output gains.
The Bank of Japan may raise interest rates in July, influenced by Tokyo's inflation and factory output data.
US stocks showed minimal change as investors await key inflation data from the Federal Reserve.
US jobless claims decreased but continuing claims reached their highest level since 2021, indicating a cooling labor market.
Levi Strauss shares dropped over 15% following a revenue miss, reflecting broader consumer spending concerns.