Tan Kan, BOJ (Bank of Japan report)
Bank of Japan report (BOJ)
This report is a kind of Japan business optimism indicator. It brings together evaluations of the mood of the largest manufacturers, leaders of corporations, businessmen, managers and others. It is a very influential factor in the currency market, especially for the Japanese yen (JPY). A decrease in the index indicates negative predictions for Japanase businesses in general and correspondingly leads to a fall in the rate of the yen. An increase in the index leads to currency consolidation. This index's data is released on the first Monday of every quarter and coincides with the end of financial year and half-year.
