The typical/expected market impact of this event is low.
The consensus forecast for Jibun Bank Services PMI is 51.5. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Jibun Bank Services PMI was 51.5.
Recent economic data has been moderately bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Jibun Bank Services PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Tankan Large All Industry Capex | Bullish change | 3.1% | 11.5% | ||
Tankan Large Manufacturing Index | Bullish change | 12 | 13 | ||
Tankan Large Manufacturing Outlook | (no change) | 12 | 12 | ||
Large Retailer Sales | Bearish change | 3.3% | 2% | ||
Retail Trade (YoY) | Bearish change | 3.5% | 2.2% | ||
Retail Trade s.a (MoM) | Bearish change | 0.7% | -0.2% | ||
Tokyo Consumer Price Index (YoY) | Bearish change | 3.4% | 3.1% | ||
Tokyo CPI ex Food, Energy (YoY) | Bearish change | 3.3% | 3.1% | ||
Tokyo CPI ex Fresh Food (YoY) | Bearish change | 3.6% | 3.1% | ||
Unemployment Rate | (no change) | 2.5% | 2.5% | ||
National Consumer Price Index (YoY) | Bearish change | 3.6% | 3.5% | ||
National CPI ex Food, Energy (YoY) | Bullish change | 3% | 3.3% | ||
National CPI ex Fresh Food (YoY) | Bullish change | 3.5% | 3.7% |
Country: | Japan |
---|---|
Currency: | JPY |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |