Japan September Services PMI Drops to 51.3 Below Flash Estimate

Global Markets16 days ago

Japanese businesses in the services industry reported a cooling of growth during the previous month. S&P Global finalized the September services PMI at 51.3, a downward revision from the initial flash reading of 51.6, meaning expansion in the sector was more muted than preliminary data suggested.

The composite index for Japan also fell to 52.3 from a flash estimate of 52.5. This decline indicates that service sector activity has slowed from a 5 month high, marking a reversal of the momentum seen in the most recent growth peak.

Mapped to your portfolio

Possible scenarios

40%Soft Patch Contained+0.1%
30%BOJ Remains Patient+0.0%
20%Yen Pressure Returns-0.1%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Japan September Services PMI Drops to 51.3 Below Flash Estimate

In this story

Japan S&P Global

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

40%Soft Patch Contained+0.1%
30%BOJ Remains Patient+0.0%
20%Yen Pressure Returns-0.1%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.