ChainCatcher reported that, according to institutional analysis, initial jobless claims in the United States last week came in at 230,000, slightly higher than expected. The previous figure was 228,000. However, at these levels, the data still supports the view that the US labor market remains healthy.

Meanwhile, the US PPI for August came in line with expectations, rising 1.7% year-over-year. The core PPI rose 2.4% year-over-year. While the PPI month-over-month data was slightly higher than expected, the July figures were revised downwards. Overall, there wasn’t much new information, so it didn't really have an impact on the USD/JPY. (JinShi)