Japan Leading Economic Index
The Leading Composite Index in Japan is comprised of 12 indexes, which include account inventory ratios, machinery orders, stock prices, and other leading economic indicators. The indicator forecasts changes in the direction of the Japanese economy in the following months. A rising coincident index, in general, indicates that the economy is in an expansion phase, whereas a declining coincident index indicates that the economy is in a contraction phase. In order to determine when the business cycle begins and finishes, the index is utilized.
A higher than expected figure should be seen as positive (bullish) for the JPY while a lower than expected figure should be seen as negative (bearish) for the JPY.
Forex Sentiment (JPY)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDJPY |
|
|
148.1961 -556 pips |
155.4842 -173 pips |
153.755 | |
| GBPJPY |
|
|
191.5047 -633 pips |
199.8261 -200 pips |
197.830 | |
| EURJPY |
|
|
161.1569 -573 pips |
168.6389 -175 pips |
166.890 | |
| AUDJPY |
|
|
100.0836 -5 pips |
103.1002 -297 pips |
100.132 | |
| CADJPY |
|
|
109.5015 -71 pips |
113.2498 -304 pips |
110.207 | |
| NZDJPY |
|
|
93.3941 +289 pips |
93.2467 -275 pips |
90.500 | |
| CHFJPY |
|
|
161.3059 -1261 pips |
174.6195 -70 pips |
173.919 | |
| SGDJPY |
|
|
113.4874 -101 pips |
116.4789 -198 pips |
114.495 | |
| NOKJPY |
|
|
0 -1394 pips |
14.5760 -64 pips |
13.937 | |
| ZARJPY |
|
|
0 -839 pips |
8.5146 -13 pips |
8.386 |
News (JPY)
Japan Producer Prices Jump 3.0% On Year In June
Services producer prices in Japan were up 3.0 percent on year in June, the Bank of Japan said on Thursday - accelerating from the upwardly revised 2.7 percent increase in May (originally 2.5 percent).
RTTNews | 2 days ago
Japan Manufacturing PMI Falls To 49.2 In July - Jibun
The manufacturing sector in Japan slipped into contraction territory in July, the latest reading from Jibun Bank revealed on Wednesday with a manufacturing PMI score of 49.2.
RTTNews | 3 days ago
Japan Core Inflation Rises In June
Japan's core inflation rose for the second straight month in June, keeping alive hopes of another interest rate hike. Core inflation that excludes fresh food edged up to 2.6 percent in June from 2.5 percent in May. However, this was slightly below economists' forecast of 2.7 percent, the Ministry of Internal Affairs and Communications said.
RTTNews | 8 days ago
