Japan JPY

Japan Eco Watchers Survey Current

Impact:
Low

Latest Release:

Date:
Surprise:
-0.2
Actual:
45
Forecast: 45.2
Previous/Revision:
44.4
Period: Jun
What Does It Measure?
The Japan Eco Watchers Survey Current measures the sentiment of economic observers regarding the current economic situation in Japan. It focuses primarily on assessing factors such as production, employment, and general economic conditions, providing insights based on evaluations from multiple sectors.
Frequency
This survey is released monthly and typically provides preliminary estimates that are made available around the 8th of each month.
Why Do Traders Care?
Traders pay close attention to the Japan Eco Watchers Survey Current as it offers important insights into the short-term economic outlook, influencing market sentiment and expectations. A positive reading can strengthen the Japanese Yen (JPY) and bolster equities, while a weaker outcome may have adverse effects on both.
What Is It Derived From?
The survey is derived from responses collected from approximately 1,000 economic observers, including analysts and business leaders across various sectors. These responses are aggregated to create diffusion indices that reflect the prevailing economic conditions and expectations.
Description
Preliminary reports from the survey offer early insights based on the most current data available, while final reports provide a more refined picture based on complete responses. The survey results are presented as indices, where values above 50 indicate improvement in economic conditions, while values below suggest deterioration.
Additional Notes
The Japan Eco Watchers Survey Current serves as a leading economic indicator, often correlating closely with changes in broader economic outputs, including GDP growth trends. Its insights are particularly valuable for analyzing regional economic conditions and have implications for monetary policy decisions.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for JPY, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
45
45.2
44.4
-0.2
;