Japan National Holiday

Info

History

Chart

Impact:

Low

Next Release:

Forecast:

Period: Sep 2015

What Does It Measure?

The Japan National Holiday measures the impact of designated public holidays on economic activities, specifically focusing on consumer spending and service sector operations. This event provides insights into domestic demand fluctuations, employment patterns, and overall economic sentiment during holiday periods.

Frequency

The Japan National Holiday is observed annually, with specific dates predetermined each year. It does not yield a report per se, but its effects on economic indicators such as consumer spending and market activities are often analyzed immediately following each holiday.

Why Do Traders Care?

Traders are keenly interested in the Japan National Holiday as it can influence consumer spending trends and retail performance, impacting currency valuations, particularly the Japanese yen (JPY), and equities tied to consumer-driven sectors. Changes in economic activity during holidays can serve as indicators for broader economic health, prompting reaction in financial markets.

What Is It Derived From?

The implications of the Japan National Holiday are derived from various surveys and economic analyses that monitor consumer behavior, retail sales data, and changes in employment patterns during these holidays. Research can incorporate indicators from sectors such as tourism, retail, and hospitality, which all tend to experience heightened activity around national holidays.

Description

National holidays in Japan serve as benchmarks for gauging consumer behavior and economic activity during periods of time when spending typically increases due to leisure and travel. While these holidays do not produce numerical data on their own, their timing can lead to observed trends in consumer expenditures and overall economic performance, often captured in subsequent reports like retail sales figures.

Additional Notes

The Japan National Holiday is a coincident economic measure, often reflecting existing trends in consumer confidence and expenditure rather than predicting future performance. It is commonly compared to other market indicators, such as Employment Reports or Quarterly GDP, to assess the health of the Japanese economy within the global context.

Bullish or Bearish for Currency and Stocks

Higher consumer spending during the holiday season can be seen as bullish for the JPY and stocks, particularly in retail and tourism sectors. However, due to the lack of quantifiable forecasts and direct numerical values associated with the Japan National Holiday, these trends remain largely reflective rather than predictive.

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