Japan nationwide department store sales May yy -5.1% vs -3.85 prev

Japan May department store sales data 20 June 2016

• Tokyo dept store sales yy -4.5% vs -1.5%

Weak data helping to confirm that Abe was right to delay sales tax hike.

Meanwhile Nikkei up +2.41% at 15980.51 heading into the close. USDJPY 104.62