Japan’s Future Economic Activity Leading Index Declines

Source: Markets Insider 

Japan’s leading index that gauges future economic activity fell from 103.8 in April to 102.6 in May.

Nikkei 225 is down -0.96%, USDJPY is down -0.04%.

• May’s reading was slightly higher than March’s 102.4.
• The coincident index plunged to the lowest since February to hit 92.7 in May, down from 95.3 in April.
• The lagging index was 99.3 in May, down from 100.8 in April, but higher than March’s reading of 93.7.