Nothing much here at all to move around major FX too much. Eyes on tariff headlines, if any!
Singapore jobless rate and Japan data is about it.
The Tertiary Industry Activity Index is a key economic indicator in Japan that measures the monthly performance of the service sector, encompassing industries such as retail, finance, real estate, and healthcare. This index provides insights into the health and trends of Japan’s service-oriented industries, which constitute a significant portion of the nation’s GDP.
Sector Contributions:
The Tertiary Industry Activity Index encompasses various service sectors, with notable contributions from:
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Wholesale Trade: Accounts for approximately 15% of the index.
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Medical, Health Care & Welfare: Contributes around 12%.
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Living & Amusement-related Services: Also at 12%.
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Information & Communications: Makes up about 11%.
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Retail Trade and Transport & Postal Activities: Each contributing 10%.
These sectors collectively provide a comprehensive overview of the service industry’s performance in Japan.
For more detailed and updated information, you can refer to the Ministry of Economy, Trade, and Industry’s official reports.
