Japan December economy watchers sentiment 53.9 vs 55.1 expected
Latest data released by the Japanese Cabinet Office - 12 January 2018
- Prior 55.1
- Survey outlook 52.7 vs 53.5 expected
- Prior survey outlook 53.8
This is a survey on workers, asking them to rate the relative level of current Japanese economic conditions. Similar to PMI numbers, a reading above 50.0 means positive (as opposed to PMI's growth/contraction).
A slightly lower reading compared to prior numbers, but then the prior reading was the highest for the year. December's print is still not a bad one. Just a minor data point for the Japanese yen.
USD/JPY is at 111.23 on the day, not too much changes and trading within a narrow range between 111.06 to 111.35 so far.