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Japan’s June Employment Report & Manufacturing PMI

Written July 29, 2010 at 7:33 PM EST by Alex Chernomordin 

Japan’s June Jobless report came in worse than expected, which was also worse than the prior reading and the market had a limited reaction in what looks to be another quiet Asian session ahead of tomorrows US GDP report. The PMI reading for July fell below the June number but remains an expansionary indicator.

  • Job-to-Applicant Ratio - Survey:.50   Actual:.52   Prior:.50
  • Jobless Rate - Survey:5.2%   Actual:5.3%   Prior:5.2%
  • Nomura Manufacturing PMI - Actual:52.8   Prior:53.9

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