Japan Greenery Day

Info

History

Chart

Impact:

Low

Next Release:

Forecast:

Period: May 2016

What Does It Measure?

Japan's Greenery Day is a national holiday celebrated annually on April 29, which measures the importance of nature and environment by promoting appreciation for greenery. It focuses primarily on the role of nature in well-being, raising awareness of environmental issues, and encouraging conservation efforts within the nation.

Frequency

Greenery Day is observed annually on April 29 and is part of the "Golden Week" holiday in Japan.

Why Do Traders Care?

While Greenery Day itself may not have direct implications for financial markets, it reflects Japan's commitment to environmental conservation and sustainable practices, which can influence broader economic policies. This celebration can affect consumer behavior and sentiment towards green initiatives, potentially impacting related sectors such as renewable energy or environmental technologies.

What Is It Derived From?

The observance of Greenery Day is derived from historical events that showcase the importance of nature in Japanese culture, particularly from the post-World War II recognition of the value of greenery for public health and happiness. It is not calculated in a traditional economic sense but stems from public sentiment and government initiatives promoting environmental awareness.

Description

Greenery Day serves to highlight the significance of environmental issues and foster a connection between citizens and nature through a range of activities, including tree planting and appreciation events. This day underscores the government's commitment to promoting eco-friendly practices and enhancing citizens' appreciation for the environment.

Additional Notes

Although Greenery Day itself is not an economic indicator, it is correlated with lasting trends towards sustainability and environmental consciousness in Japan. The day can be perceived as a coincident economic measure, representing public engagement in conservation within the broader context of global sustainability initiatives.

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