| Source | |
| Measures | Level of a diffusion index based on surveyed large manufacturers; |
| Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
| Frequency | Released quarterly, about 70 days into the current quarter; |
| Next Release | |
| FF Notes | Above 0.0 indicates optimism, below indicates pessimism. This survey is used to predict the BOJ's Tankan survey released about a week later; |
Why Traders
Care | It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; |
| Derived Via | Survey of large manufacturers which asks respondents to rate the relative level of general business conditions; |
| Acro Expand | Business Survey Index (BSI), Bank of Japan (BOJ); |
