Japan Retail Sales (YoY) (June) 5.9% Vs. 5.9% Est.; 5.8% Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's year-on-year retail sales for June matched the estimated 5.9%, showing a slight increase from the prior 5.8%. This data could potentially impact ETFs that track Japanese equities, such as BBJP, DXJ, and EWJ.
July 31, 2023 | 5:06 am
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POSITIVE IMPACT
The ETF BBJP, which tracks Japanese equities, may be impacted by the reported retail sales data.
As BBJP tracks Japanese equities, positive economic data like retail sales meeting estimates could potentially boost investor sentiment and have a positive impact on the ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75
POSITIVE IMPACT
The ETF DXJ, which tracks Japanese equities, may be impacted by the reported retail sales data.
As DXJ tracks Japanese equities, positive economic data like retail sales meeting estimates could potentially boost investor sentiment and have a positive impact on the ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75
POSITIVE IMPACT
The ETF EWJ, which tracks Japanese equities, may be impacted by the reported retail sales data.
As EWJ tracks Japanese equities, positive economic data like retail sales meeting estimates could potentially boost investor sentiment and have a positive impact on the ETF.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75