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 |
|
|
145.8327 -722 pips |
153.6437 -59 pips |
153.053 | |
| GBPJPY |
|
|
186.1178 -584 pips |
192.9525 -99 pips |
191.960 | |
| EURJPY |
|
|
156.2831 -842 pips |
165.4439 -74 pips |
164.700 | |
| AUDJPY |
|
|
96.5436 -455 pips |
101.5183 -43 pips |
101.089 | |
| CADJPY |
|
|
106.5616 -525 pips |
112.6308 -82 pips |
111.807 | |
| NZDJPY |
|
|
89.4861 -246 pips |
92.7470 -80 pips |
91.946 | |
| CHFJPY |
|
|
155.2617 -1376 pips |
169.7454 -72 pips |
169.024 | |
| SGDJPY |
|
|
111.7328 -160 pips |
114.8107 -148 pips |
113.331 | |
| NOKJPY |
|
|
0 -1407 pips |
14.0682 -0 pips |
14.065 | |
| ZARJPY |
|
|
7.9700 -29 pips |
8.1139 +14 pips |
8.258 |
News (JPY)
Japan Monetary Base Climbs 2.1% On Year In April
The monetary base in Japan was up 2.1 percent on year in April, the Bank of Japan said on Thursday - coming in at 689.896 trillion yen.
RTTNews | 2 days ago
BoJ Minutes: Appropriate To Raise Interest Rates
Members of the Bank of Japan's Monetary Policy Board said that the bank's inflation target of 2 percent was in sight, minutes from the central bank's March 18-19 meeting revealed on Thursday.
RTTNews | 2 days ago
Japan Manufacturing PMI Climbs To 49.6 In April - Jibun
The manufacturing sector in Japan continued to contract in April, albeit at a slower pace, the latest survey from Jibun Bank revealed on Wednesday with a manufacturing PMI score of 49.6.
RTTNews | 3 days ago
