au Jibun Bank Services PMI - ForexCracked
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Japan

au Jibun Bank Services PMI JPY

Medium impact Updated after every release

What this release is

The au Jibun Bank Services Purchasing Managers’ Index, or PMI, is a monthly survey-based indicator for Japan’s services sector. It tracks business conditions, including new orders, employment, and output, providing a gauge of the sector’s health. This data is compiled and released by markiteconomics.com.

Forex traders monitor this release for insights into the broader Japanese economy. Stronger services sector activity can signal economic expansion, which may influence expectations for the Bank of Japan’s monetary policy. Shifts in monetary policy expectations can, in turn, affect the Japanese Yen’s valuation.

Market reactions often center on the headline figure upon its release. Significant deviations from analyst expectations have historically led to notable JPY price movements. Revisions to prior months’ data are also observed for their implications on underlying economic trends.

How hard it hits, measured

177 releases · own feed
Typical USDJPY move
7pips / 1h
Median absolute move in the hour after the release
Big-release move
15pips / 1h
Top-quarter releases move at least this much
Largest measured
74pips
Biggest one-hour reaction in our archive
Direction reliability
n/a
Unlocks after 8 live-captured releases with consensus. Measured, never estimated
Pair5 min15 min1 hourBig release (1h)
USDJPY2.0p3.2p6.7p15p
AUDJPY2.4p3.7p7.9p16p
CADJPY1.8p2.6p5.6p12p
CHFJPY2.3p2.9p6.3p14p
EURJPY2.1p3.5p8.1p16p
GBPJPY2.9p4.4p10p21p
NZDJPY2.2p3.2p7.7p13p

How we measure: moves come from our own MT4 price feed and our archived minute bars, sampled 5, 15 and 60 minutes after each release against the pre-release price. No estimates, no third-party numbers. Releases where our feed had a gap are skipped, never guessed.

What usually happens

conditional history
Beat above consensus USDJPY closed the hour higher in 20 of 35 cases · median +0.7p n=35 live
Miss below consensus USDJPY closed the hour lower in 20 of 34 cases · median -1.6p n=34 live
In line within the surprise band USDJPY closed the hour lower in 53 of 92 cases · median -1.7p n=92 live

These are counts of what happened after past releases, conditional on the surprise direction. They are history, not a forecast, and never a trade recommendation. Sample sizes are shown because small samples mislead; rows stay locked until the sample is honest.

Release history

accumulates every release
DateActualForecastPreviousRevised toUSDJPY 1h
Sep 24, 202651.651.752.552.5-31p—
Sep 3, 202652.551.352.3—-39p—
Aug 21, 202652.3—51.251.2——
Aug 5, 202651.252.651.9—-0.9p—
Jul 24, 202651.9—52.252.2——
Jul 3, 202652.2—51.8———
Jun 23, 202651.8—5050——
Jun 3, 20265051.850—-3.2p—
May 21, 202650—5151——
May 8, 20265153.151.2—+3.9p—
Apr 23, 202651.2—53.453.4——
Apr 3, 202653.453.152.8—+9.6p—
Mar 24, 202652.8—53.853.8——
Mar 4, 202653.8—53.8—+11p—
Feb 20, 202653.8—53.753.7——
Feb 4, 202653.7—53.451.6——
Jan 23, 202653.4—51.651.6——
Jan 7, 202651.652.752.5—+1.6p—
Dec 16, 202552.5—53.253.2——
Dec 3, 202553.252.753.1—-7.2p—
Nov 21, 202553.1—53.153.1——
Nov 6, 202553.152.552.4—-1.4p—
Oct 24, 202552.4—53.353.3——
Oct 3, 202553.352.653—+28p—

Showing the latest 24 of 200 tracked releases.

Reaction = USDJPY move 60 minutes after the release, measured from our own price history. Story links appear for releases our news desk covered; every release gets a row here whether or not it gets a story. Values from before our live tracking began are the current figures in the official statistical series, so they include later revisions; live rows record the number as printed.

Market statistics, not financial advice. All reaction figures are measured from our own price feed under our published methodology.
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