-GMT 23:50 JPN CGPI (m/m), (Sep) EST 0.1% PREVIOUS 0.0%
-GMT 23:50 JPN CGPI (y/y), (Sep) EST 1.9% PREVIOUS 1.9%
The domestic corporate goods price index is classified into five groups based on the Japan Standard Industrial Classification and the Annual Census of Manufacturers with reference to the Standard Commodity Classification for Japan.
The indices measure monthly average changes of prices received by producers of commodities. The indices are referred to as domestic corporate goods price indexes by source. They cover products of manufacturing industries for domestic sale (imported goods are excluded). Prices are those of inter-enterprise transactions at the primary wholesalers stage or manufacturers’ shipment prices in the case of commodities directly sold to users. They are net of discounts but include a consumption tax from April 1989.
-GMT 23:50 JPN Import prices (m/m), (Sep) EST -0.3% PREVIOUS -2.3%
-GMT 23:50 JPN Import prices (y/y), (Sep) EST 2.8% PREVIOUS 4.2%
-GMT 23:50 JPN Export prices (m/m), (Sep) EST -0.9% PREVIOUS -3.2%
-GMT 23:50 JPN Export prices (y/y), (Sep) EST -0.6% PREVIOUS 1.2%
The export and import price indexes measure the transaction prices of goods and services exported from or imported into Japan.
EURO/USD USD/JPY GBP/USD
R3 1.4280 118.10 2.0390
R2 1.4240 117.90 2.0370
R1 1.4215 117.75 2.0350
S1 1.4165 117.00 2.0310
S2 1.4140 116.80 2.0275
S3 1.4105 116.65 2.0255
- (11/10/2007) GMT 23:50 JPN CGPI
D) TRADING TIPS
While the ascending triangle most often appears in an uptrend and is considered a continuation pattern, it sometimes appears as a bottoming pattern. It is not unusual toward the end of a downtrend to see an ascending triangle develop. However, even in this situation, the interpretation of the pattern is bullish. The breaking of the upper line signals completion of the base amd is considered a
bullish signal. Both the ascending and descending triangle are sometimes also referred to as right angle triangles.