The typical/expected impact on JPY pairs is high.
The consensus forecast for Tankan Large Manufacturing Index is 25. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Tankan Large Manufacturing Index was 22 against a forecast of 16.
Recent economic data has been strongly bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Tankan Large Manufacturing Index result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Large Retailer Sales | Bearish change | 1.4% | 1% | ||
| Retail Trade (YoY) | Bearish change | 3.7% | 2.7% | ||
| Retail Trade s.a (MoM) | Bearish change | 2.1% | -1.2% | ||
| National Consumer Price Index (YoY) | (no change) | 1.9% | 1.9% | ||
| National CPI ex Food, Energy (YoY) | Bullish change | 1.8% | 1.9% | ||
| National CPI ex Fresh Food (YoY) | Bearish change | 1.8% | 1.7% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Bank of Japan |
| Category: | Economic Activity |
| Frequency: | Quarterly |