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Japan May leading indicator index 111.1 vs 110.9 prior

Coincident index 116.5 vs 115.2 prior

The assessment of the coincident index has been changed as being from “signaling a possible turning point” previously to now “halting to fall”. That comes amid the uptick in recent sentiment as evident by the improvement in the readings above. The leading index is also seen at the highest since August 2022.

This article was written by Justin Low at www.forexlive.com.

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