Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The most recent announced value for Labor Cash Earnings (YoY) was 3.2% against a forecast of 3.4%.
Recent economic data has been moderately bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Labor Cash Earnings (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Current Account n.s.a. | Bearish change | ¥3907B | ¥3.968B | ||
| Tankan Large All Industry Capex | Bullish change | 3.3% | 11.5% | ||
| Tankan Large Manufacturing Index | Bullish change | 17 | 22 | ||
| Tankan Large Manufacturing Outlook | Bullish change | 14 | 17 |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Ministry of Economy, Trade and Industry of Japan |
| Category: | Labor Market |
| Frequency: | Monthly |