Tankan Large Manufacturing Index. Japan, 01:50 (GMT+2)

The index rates the relative level of general business conditions in the manufacturing sector. The data is compiled from a survey of about 1,200 large manufacturers. This is a key indicator of the Japanese economy, which relies heavily on the manufacturing industry. High values of the indicator strengthen JPY, while indicator below the expected level puts pressure on JPY. The indicator is expected to decrease from 12 to 9 points.

Read more here: