Japan Industrial Production ( MoM) For August -0.7% Vs. 0.0% Est.; -1.8% Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's industrial production for August has decreased by 0.7%, compared to the estimated 0.0% and the prior -1.8%.
October 16, 2023 | 4:37 am
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NEGATIVE IMPACT
The decrease in Japan's industrial production may negatively impact BBJP.
BBJP, being a Japan-focused ETF, is likely to be negatively impacted by the decrease in Japan's industrial production as it indicates a slowdown in the economy.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The decrease in Japan's industrial production may negatively impact DXJ.
DXJ, being a Japan-focused ETF, is likely to be negatively impacted by the decrease in Japan's industrial production as it indicates a slowdown in the economy.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The decrease in Japan's industrial production may negatively impact EWJ.
EWJ, being a Japan-focused ETF, is likely to be negatively impacted by the decrease in Japan's industrial production as it indicates a slowdown in the economy.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80