Post Tagged with: "Tankan manufacturing index"
Forex Daily Outlook December 14 2011
Claimant Count Change in the UK is the main event today. Here is an outlook on the market-movers awaiting us In the US, Import Prices, value the prices for imported goods and services, affects the businesses and consumers inflation, about to rise up from -0.6% on November to 1.0% now. More in the US, Crude
USD/JPY: Trading the Tankan Manufacturing Index
The Tankan Manufacturing Index is an important leading indicator, based on a survey of about 1200 large Japanese manufacturers, who are asked for their opinion on general business conditions. As such, the index helps provides a picture of the current business climate in Japan. A reading which exceeds the forecast is bullish for the yen.
USD/JPY Outlook December 12-16
Dollar/yen changed direction and dropped this time, but well within range.Tertiary Industry Activity and the Tankan surveys are the main market-movers this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week Japan’s core machinery orders dropped more than expected slipping 6.9% in October amid growing concern over the euro zone debt
Forex Daily Outlook – October 3 2011
We start the week with Manufacturing PMI both in the US and the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, the Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI), Survey (around 400 managers) to value the business conditions and inventories, drop of 0.1
USD/JPY Outlook – October 3-7
Dollar/yen moved slightly higher, but remained in range. Will the pair move now, at the beginning of Q4? Tankan Manufacturing Index and the rate decision are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week retail sales dropped unexpectedly by 2.6% following 0.6% in the previous month on
USD/JPY: Trading the Tankan Manufacturing Index
The quarterly Tankan Manufacturing Index release is one of the most important Japanese indicators, and it always rocks USD/JPY. Here is what is expected, and 5 possible outcomes for dollar/yen, that can break out of the tight range. Published on Thursday, June 30th, at 23:50 GMT. Indicator Background The Bank of Japan publishes this report early
Forex Daily Outlook – June 30 2011
Unemployment Claims in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurement to report the number of Americans filing new Unemployment Claims and value the overall job market condition, about to reduce by 5K from 429K last week to
USD/JPY Outlook – Jun 27-Jul 1
USD/JPY continued to consolidate in a narrowing range. Will it break out of it now? Tankan Manufacturing Index is the key event this week. Here’s an outlook for the major market-moving events. Last week trade balance figures provided another reassuring sign for the overall improvement in Japan’s economy by maintaining the gap between imports and exports at- 0.47T yen
Carry trades gather pace
The first day of the month has seen the yen and also Swiss franc losing ground during Asia trade, with leveraged funds taking the opportunity to place fresh risk positions. This is the seventh day of USD/JPY gains, currently at 5-wk highs above the 83.50 level. The overnight release of the all important Tankan survey
USD/JPY Thanks Tankan and Tests Higher Ground
The all-important Japanese Tankan Manufacturing Index came in line with expectations and rose to 6 points. Despite this rise, USD/JPY continues its steady advance following the release and is testing highs above the 83.40 resistance line. Early expectations were based on the fact that the majority of the 1200 manufacturers surveyed for this release, handed