Japan Industrial Production Preliminary (MoM) For August 0.0% Vs. -0.8% Est.; -1.8% Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's preliminary industrial production for August remained flat at 0.0%, compared to an estimated -0.8% and a prior figure of -1.8%.
September 29, 2023 | 4:17 am
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POSITIVE IMPACT
Japan's better-than-expected industrial production data may positively impact BBJP.
BBJP, an ETF that tracks the performance of Japanese equities, may benefit from the positive industrial production data as it indicates a potential recovery in the Japanese economy.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The positive industrial production data from Japan may have a favorable impact on DXJ.
DXJ, an ETF that tracks Japanese equities while hedging against currency fluctuations, may see a positive impact from the better-than-expected industrial production data, signaling a potential recovery in the Japanese economy.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
EWJ may see a positive impact from Japan's better-than-expected industrial production data.
EWJ, an ETF that tracks a broad range of Japanese equities, may benefit from the positive industrial production data as it indicates a potential recovery in the Japanese economy.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70