empty
 
 

2021.09.3022:00:00UTC+00Japan Tankan Survey On Tap For Friday

The Bank of Japan will on Friday release its quarterly Tankan survey of business sentiment, highlighting a busy day for Asia-Pacific economic activity.

The large manufacturers index is expected to slip to a score of +13 from +14 in the previous three months, although the outlook is expected to improve to +15 from +13. Large all-industry capex is seen higher by 9.1 percent, down from 9.6 percent in the previous quarter.

Japan also will see August figures for unemployment and September data for its consumer confidence index. The jobless rate is called at 2.9 percent, up from 2.8 percent in July. The consumer confidence index had a score of 36.7 in August.

Australia will provide August figures for home loans and also see September results for the manufacturing index from the Australian Industry Group. Home loans are forecast to have fallen 2.0 percent on month after slipping 0.4 percent in July. The AiG manufacturing index had a score of 51.6 in August.

South Korea will see September data for imports, exports and trade balance. Imports are expected to jump 27 percent on year, slowing from 44 percent in August. Exports are called higher by an annual 16.3 percent, down from 34.9 percent in the previous month. The trade surplus in August was $1.67 billion.

Indonesia will release September numbers for consumer prices. Overall inflation is called higher by 1.69 percent on year, up from 1.59 percent in August. Core CPI is pegged at 1.30 percent, easing slightly from 1.31 percent a month earlier.

Thailand will see September results for its business confidence index; in August, the index score was 40.0.

Finally, several of the regional countries will see September results for their respective manufacturing PMIs from Markit Economics, including Australia (52 previously), Indonesia (43.7), Japan (Jibun - 52.7), the Philippines (46.4), South Korea (51.2), Taiwan (58.5), Thailand (48.3) and Vietnam.

Finally, the markets in China and Hong Kong are closed on Friday for the National Day holiday. Hong Kong returns to action on Monday, while China is off until Oct. 8.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback