Reply To: Traders Market Weekly: Hello 2024, Unexpected Opportunity on The Menu


Japan’s Services PMI for December pointed to the 16th consecutive month of expansion, though the reading was a bit shy of estimates.
December Services PMI 51.5 (expected 52.0; last 50.8)

December Monetary Base 7.9% yr/yr (expected 9.0%; last 8.9%).
December Household Confidence 37.2 (expected 36.6; last 36.1)

Japan’s Ministry of Industry noted that more than 80% of manufacturers that were impacted by the New Year’s earthquake have resumed production or will do so soon.