Latest data released by the Japanese Cabinet Office - 6 April 2018
- Prior 105.6
- Coincident index 115.6 vs 116.1 expected
- Prior 114.9
The index is used as a reference to economic conditions, but most of the indicators used to make up the index has already been released individually - so there isn't much of an impact on this release.
The index basically measures up employment data, consumer confidence, production, housing, and stock market data, etc as its leading indicators to derive the number.
Slight delay on the data release by the source. A minor data point, not a market mover by any means.
USD/JPY at 107.34 now as the Nikkei falls back into negative territory. EUR/JPY at 131.39 and GBP/JPY at 150.24, both largely unchanged from prior to the data release as well.
