Japan Industrial Production (MoM) For July -1.8% Vs. -2% Est.; -2% Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's industrial production for July has decreased by 1.8%, which is slightly better than the estimated 2% decrease and the prior 2% decrease.
September 14, 2023 | 4:55 am
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NEUTRAL IMPACT
Japan's industrial production for July has decreased by 1.8%, which is slightly better than the estimated 2% decrease. This could potentially impact the performance of BBJP.
BBJP, being a broad-based ETF that tracks the Japanese market, could be impacted by changes in Japan's industrial production. However, the impact may not be significant as the decrease was less than estimated.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Japan's industrial production for July has decreased by 1.8%, which is slightly better than the estimated 2% decrease. This could potentially impact the performance of DXJ.
DXJ, an ETF that tracks Japanese equities for U.S. investors, could be impacted by changes in Japan's industrial production. However, the impact may not be significant as the decrease was less than estimated.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Japan's industrial production for July has decreased by 1.8%, which is slightly better than the estimated 2% decrease. This could potentially impact the performance of EWJ.
EWJ, an ETF that tracks a broad-based index of Japanese stocks, could be impacted by changes in Japan's industrial production. However, the impact may not be significant as the decrease was less than estimated.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70