Japan Bank Holiday

Info

History

Chart

Impact:

Low

Next Release:

Forecast:

Period: Dec 2015

What Does It Measure?

The Japan Bank Holiday measures the days when financial institutions and banks in Japan close, impacting domestic and international financial activities. This event primarily focuses on the operational schedule of the banking sector, which, in turn, influences economic activity and liquidity in the market.

Frequency

This event occurs annually and is fixed by Japan's government, with specific holidays determined for each calendar year.

Why Do Traders Care?

Traders monitor Japan's Bank Holidays because they can affect market liquidity and trading volumes, as well as the timing of financial transactions. A holiday may lead to reduced market activity and could cause fluctuations in currency values, particularly the Japanese yen (JPY), due to changes in trader behaviors during non-operational days.

What Is It Derived From?

The Japan Bank Holiday is derived from a set of national laws and regulations established by the government that designate specific days as official public holidays. Notifications regarding these holidays are published in advance, allowing traders and financial institutions to plan accordingly.

Description

Japan Bank Holidays lead to the closure of banks, which can hinder the completion of financial transactions and impact market operations. As a leading economic indicator, bank holidays can signal potential shifts in market behavior and trading strategies in response to non-availability of financial services.

Additional Notes

Bank holidays are a coincident measure, reflecting the broader economic environment's influence on banking operations. They may also relate to global financial trends, as simultaneous holidays in major economies can create ripple effects impacting international markets.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Time	Actual	Forecast	Previous	Surprise