Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Industrial production in Japan remained flat during the month of October, also lower than what markets had initially anticipated.
A final measure of Japanese industrial production was revised down to zero in October, official data showed on Wednesday. Industrial production failed to grow in October, data released by the Ministry of Economy, Trade and Industry showed in a final estimate Wednesday.
Compared to a year ago, industrial output was revised up to show a 1.4 percent decline. Preliminary estimates last month showed a 0.1 percent monthly increase, which translated into a 1.3 percent year-over-year decline. At the same time, inventories dropped 2.1 percent, confirming the preliminary figure.
Further, compared to September, shipments rose 2 percent. They were down 2 percent annually. Inventories fell 2.1 percent month-on-month and were down 3 percent compared to a year ago. Meanwhile, Japan’s capacity utilization rate climbed 1.4 percent in October.
Meanwhile, the USD/JPY traded at 115.17, down -0.02 percent, while at 6:00GMT, the FxWirePro's Hourly Yen Strength Index remained slightly bearish at -77.54 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
