Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The typical/expected impact on JPY pairs is medium.
There is no forecast value for Labor Cash Earnings (YoY) yet - check back for updates.
The most recent announced value for Labor Cash Earnings (YoY) was 2.3% against a forecast of 2.6%.
Recent economic data has been strongly bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Labor Cash Earnings (YoY) result:
Previous | Latest | ||||
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Current Account n.s.a. | Bearish change | ¥3678.1B | ¥2258B | ||
Gross Domestic Product (QoQ) | Bullish change | -0.2% | 0% | ||
Gross Domestic Product Annualized | Bullish change | -0.7% | -0.2% | ||
Gross Domestic Product Deflator (YoY) | (no change) | 3.3% | 3.3% |
Country: | Japan |
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Currency: | JPY |
Source: | Ministry of Economy, Trade and Industry of Japan |
Category: | Labor Market |
Frequency: | Monthly |