Japan June economy watchers survey current conditions 48.1 vs 48.1 expected

Latest data released by the Japanese Cabinet Office - 9 July 2018

  • Prior 47.1
  • Outlook 50.0 vs 50.1 expected
  • Prior 49.2

Slight delay in the release by the source. The reading is a survey on workers to measure up consumer spending and current economic conditions.

A little bit of an improvement for June conditions and that will at least give a bit of comfort to the BOJ and Japanese authorities. A minor data point though. The yen is among the weaker performers today alongside the dollar, as equities rally and bond yields rise to start the new week.

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