Latest data released by METI - 21 February 2018
- Prior m/m +1.0%
The data is often referred to as the monthly GDP reading, it's a tracker production across all sectors of the Japanese economy and follows the GDP growth figures/trend.
Not a major data point, and pretty much within expectations - a small beat only - but yeah, not one that will interest markets at this point in time.
USD/JPY now at 107.72, settling below the highs on the day. Same goes for EUR/JPY and GBP/JPY at 132.83 and 150.66 respectively.
