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Japan consumer confidence weakens in July

Aug. 10, 2015 3:51 AM ETEWJ, JEQ, JOF, DFJ, DXJ, JSC, JPP, EWV, SCJ, EZJ, DBJP, FJP, NKY-OLD, JPNL, DXJS, HEWJ, DXJF, DXJR, DXJC, DXJH, DXJT, JPMV, QJPN, JHDG, JDG, HGJP, JPN, JPXNBy: Yoel Minkoff, SA News Editor
  • Japanese consumer sentiment tumbled in July to the lowest in six months, raising the risk of weakness in spending that could weigh on its economy this quarter.
  • According to data released by the Cabinet Office, the consumer confidence index fell to 40.3 from 41.7 in June, after rising slightly in the prior month.
  • Worsening sentiment is also likely to dampen personal consumption, which has failed to fully recover from a sales-tax hike last year.
  • Nikkei +0.4% to 20,808.
  • ETFs: DXJ, EWJ, DFJ, DBJP, NKY, JOF, EZJ, JEQ, JPNL, DXJS, EWV, SCJ, HEWJ, JSC, ITF, JPP, QJPN, FJP, DXJT, JPMV, DXJR, DXJC, DXJH, JHDG, DXJF, JPN, JDG, HGJP

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