Latest data released by the Japanese Cabinet Office - 10 December 2018
- Prior 49.5
- Outlook 52.2 vs 50.8 expected
- Prior 50.6
Slight delay in the release by the source. The reading is a survey on workers to measure up consumer spending and current economic conditions. Despite the improvement, it's not going to take away much of the gloom from the poor Q3 final GDP report earlier here. The yen is off its highs for the day but focus in the sessions ahead will still rely on risk sentiment.
E-minis are trading about 0.8% lower currently with USD/JPY at 112.47. The Nikkei is slightly off its lows as well but is still being beaten up heavily on the day down by 2.1%.