Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The typical/expected market impact of this event is low.
The consensus forecast for Bank Lending (YoY) is 3.8%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Bank Lending (YoY) was 3.8% against a forecast of 3.7%.
Recent economic data has been strongly bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Bank Lending (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Labor Cash Earnings (YoY) | Bullish change | 1.3% | 1.9% | ||
| Large Retailer Sales | (no change) | 3% | 3% | ||
| Retail Trade (YoY) | Bullish change | -1.1% | 0.5% | ||
| Retail Trade s.a (MoM) | Bullish change | -0.9% | 0.3% | ||
| Tokyo Consumer Price Index (YoY) | Bullish change | 2.5% | 2.8% | ||
| Tokyo CPI ex Food, Energy (YoY) | Bullish change | 2.5% | 2.8% | ||
| Tokyo CPI ex Fresh Food (YoY) | Bullish change | 2.5% | 2.8% | ||
| Unemployment Rate | (no change) | 2.6% | 2.6% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Bank of Japan |
| Category: | Consumption |
| Frequency: | Monthly |