Breaking News

Japan Services Purchasing Managers' Index (PMI)

Latest Release

Mar 24, 2023

Actual

54.2

54.0

The survey covers transport & communication, financial intermediation, business services, personal services, computing & IT and hotels & restaurants. Each response received is weighted according to the size of the company to which the questionnaire refers & the contribution to total service sector output accounted for by the sub-sector to which that company belongs.This therefore ensures that replies from larger companies have a greater impact on the final index numbers than replies from small companies.The results are presented by question asked, showing the % of respondents reporting an improvement, deterioration or no-change since the previous month.From these %, an index is derived such that a level of 50.0 signals no-change since the previous month.Above 50.0 signals an increase (or improvement),below 50.0 a decrease(or deterioration).The greater the divergence from 50.0, the greater the rate of change signaled.

Importance:

Country:

Currency: JPY

Source: Markit Economics

Release Date	Time	Actual	Forecast	Previous
Apr 05, 2023 (Mar)	08:30			54.2
Mar 24, 2023	08:30	54.2		54.0
Mar 03, 2023 (Feb)	08:30	54.0	53.6	52.3
Feb 21, 2023	08:30	53.6	51.5	52.3
Feb 03, 2023 (Jan)	08:30	52.3	52.4	51.1
Jan 24, 2023	08:30	52.4	51.4	51.1

News

Dollar retains strength ahead of PMI data, Fed minutes By Investing.com - Feb 21, 2023

By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Tuesday, retaining its recent strength as traders await more economic clues as to the resilience of the U.S. economy...

Asia FX slips, dollar gains as markets await more Fed cues By Investing.com - Feb 21, 2023

By Ambar Warrick Investing.com -- Most Asian currencies fell on Tuesday, while the dollar advanced against a basket of currencies as markets awaited more cues on U.S. monetary policy from the minutes...

Asia FX weakens, dollar rebounds as nonfarm payrolls loom By Investing.com - Feb 03, 2023

By Ambar Warrick Investing.com -- Most Asian currencies weakened on Friday, while the dollar rebounded in anticipation of more cues on the U.S. economy from nonfarm payrolls data, while markets dialed...

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