What is it? It checks the change in the total value of services purchased by businesses.
It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity such as hiring, earnings, and investment.
When? November 11th at 6:50pm Eastern Time.
Trading Tip: If the number is higher than the forecast, you can expect the JPY to rise.
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