Latest data released by the Japanese Cabinet Office - 7 March 2018
- Prior 107.4
- Coincident index 114.0 vs 115.3 expected
- Prior 120.2
A minor data point, not a market mover by any means.
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.
USD/JPY at 105.70 currently, EUR/JPY at 131.21, and GBP/JPY at 146.80 - all little changed from the data release.
