Japan Tertiary Industry Activity Index (MoM) 1.2% Vs. 0.4% Est.; 1.2% Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's Tertiary Industry Activity Index (MoM) has reported a 1.2% increase, matching the prior figure and exceeding the estimated 0.4%.
July 18, 2023 | 4:33 am
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The iShares MSCI Japan ETF (EWJ) could be impacted by the rise in Japan's Tertiary Industry Activity Index, as it reflects the performance of the Japanese economy.
The Tertiary Industry Activity Index is a key economic indicator in Japan. A rise in this index suggests an improvement in the Japanese economy, which could positively impact the performance of the iShares MSCI Japan ETF (EWJ), as it tracks the Japanese market.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80