Japan June Retail sales come in much better than expected, a welcome development. The Bank of Japan will remain on hold today is the expectations (see links below for previews). +1.0% m/mprior -0.2%+2.0% y/yexpected +1.8%, prior +1.9%Still to come from Japan today:Economic calendar in Asia Thursday, July 31, 2025 - BoJ interest rate decision, China PMIsPREVIEW - BOJ likely to hold steady, market too hawkish on October hike oddsBOJ expected to hold rates steady, offers cautious optimism as trade headwinds ease This article was written by Eamonn Sheridan at investinglive.com.