Latest data released by the Japanese Cabinet Office - 7 June 2018
- Prior 104.4; revised to 104.5
- Coincident index 117.7 vs 117.8 expected
- Prior 116.3; revised to 116.0
The index is used as a reference to economic conditions, but most of the indicators used to make up the index has already been released individually - so there isn't much of an impact on this release.
The index basically measures up employment data, consumer confidence, production, housing, and stock market data, etc as its leading indicators to derive the number.
Not one that will impact the Japanese yen all too much, but a rebound there at least provides a bit of a positive sentiment for Q2 data.
