Japan December economy watchers survey current conditions 48.0 vs 50.7 expected
Latest data released by the Japanese Cabinet Office - 11 January 2019
- Prior 51.0
- Outlook 48.5 vs 51.4 expected
- Prior 52.2
Slight delay in the release by the source. The reading is a survey on workers to measure up consumer spending and current economic conditions. After a brief recovery, sentiment towards the economy is slipping a little once again.
Though not a major release, it highlights the general view by businesses and consumers that the global economy isn't looking as robust as it was when 2018 began. USD/JPY sits lower at 108.32 as the dollar remains weak on the day. EUR/JPY and GBP/JPY sits near the highs at 124.90 and 138.27 respectively but are still trapped in narrow ranges.