Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The typical/expected impact on JPY pairs is high.
The consensus forecast for Tankan Large Manufacturing Index is 15. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Tankan Large Manufacturing Index was 14 against a forecast of 15.
Recent economic data has been moderately bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Tankan Large Manufacturing Index result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Current Account n.s.a. | Bearish change | ¥4483.3B | ¥2834B | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.5% | -0.6% | ||
| Gross Domestic Product Annualized | Bearish change | 2.1% | -2.3% | ||
| Gross Domestic Product Deflator (YoY) | Bullish change | 3.3% | 3.4% | ||
| Labor Cash Earnings (YoY) | Bullish change | 2.1% | 2.6% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Bank of Japan |
| Category: | Economic Activity |
| Frequency: | Quarterly |