Latest data from the Japanese Cabinet Office — 1 March 2018
- Prior 44.7
The index measures the households’ confidence on the economy, a minor indicator of financial confidence in some ways.
A slight miss on estimates, but not a major deal as the level is still relatively elevated compared to the past years’ reading. A minor data point either way.
USD/JPY is at 106.80, a little higher on the day but range is narrow. EUR/JPY is at 130.21, and GBP/JPY is at 146.85, both a little higher as well — but similarly, remains range-bound.