Japan December economy watchers survey current conditions 48.0 vs 50.7 expected

Author: Justin Low | Category: News

Latest data released by the Japanese Cabinet Office - 11 January 2019


  • Prior 51.0
  • Outlook 48.5 vs 51.4 expected
  • Prior 52.2
ForexLive
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.

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