Tankan Large Non-Manufacturers Index (Q1)
Event Data
| Metric | Value |
|---|---|
| Actual | 20 = |
| Forecast | 20 |
| Previous | 19 |
Analysis
The actual value of 20 matched the forecast of 20, meeting market expectations. This typically results in minimal market reaction as the outcome was already priced in.
Tankan Large Non-Manufacturers Index (Q1) is an important economic indicator for Japan. This data is closely monitored by traders, investors, and policymakers to assess the health of the economy and make informed decisions. Regular monitoring of such indicators helps market participants anticipate central bank policy changes and economic trends.
Frequently Asked Questions
What is Tankan Large Non-Manufacturers Index (Q1)?
Tankan Large Non-Manufacturers Index (Q1) is an economic indicator released by Japan that measures important aspects of the economy. This data is closely monitored by traders, investors, and policymakers to gauge economic health and make informed decisions.
Why is this event important?
This event has Medium importance for financial markets. It provides valuable insights into the economic conditions of Japan.
How did the actual value compare to forecasts?
The actual value (20) matched the forecast (20), meeting market expectations.
When was this data released?
This economic data was released on February 4, 2023 at 23:50 UTC. Economic calendars help traders plan around these releases to manage risk and capitalize on market movements.
