Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The typical/expected market impact of this event is low.
The consensus forecast for Tankan Non - Manufacturing Index is 33. 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 Non - Manufacturing Index was 30 against a forecast of 27.
Recent economic data has been moderately bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Tankan Non - Manufacturing Index result:
Previous | Latest | ||||
---|---|---|---|---|---|
Large Retailer Sales | Bullish change | 3% | 8% | ||
Retail Trade (YoY) | Bullish change | 2.1% | 4.6% | ||
Retail Trade s.a (MoM) | Bullish change | 0.2% | 1.5% | ||
Tokyo Consumer Price Index (YoY) | Bullish change | 2.5% | 2.6% | ||
Tokyo CPI ex Food, Energy (YoY) | Bearish change | 3.1% | 2.9% | ||
Tokyo CPI ex Fresh Food (YoY) | Bearish change | 2.5% | 2.4% | ||
Unemployment Rate | Bearish change | 2.4% | 2.6% | ||
National Consumer Price Index (YoY) | Bullish change | 2.2% | 2.8% | ||
National CPI ex Food, Energy (YoY) | Bearish change | 3.5% | 3.2% | ||
National CPI ex Fresh Food (YoY) | Bullish change | 2% | 2.8% | ||
Exports (YoY) | Bearish change | 11.9% | 7.8% | ||
Imports (YoY) | Bullish change | -9.8% | 0.5% | ||
Merchandise Trade Balance Total | Bullish change | ¥-1760.3B | ¥-379.4B |
Country: | Japan |
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Currency: | JPY |
Source: | Bank of Japan |
Category: | Economic Activity |
Frequency: | Quarterly |