Coincident Index: 110.9% vs 110.9% expected; prior: 112.1%
Prior 109.5%.
The Japanese Leading Indicators index is aimed at forecasting economic trends, but generally doesn’t have a lot of impact on the market because it’s calculated based on previously released indicators so there’s not a lot of new data in its composition. A revised version is issued approximately 20 days later but has limited relevance.
A slight improvement in business conditions over the previous month, but not a surprise compared to expectations.