At 01:50 (GMT+2), the Q4 Tankan large manufacturers and non-manufacturing index is due. The indicator is published quarterly by the Research and Statistics Department based on a survey of managers of large companies in the manufacturing and non-manufacturing sectors. The survey assesses such economic parameters as business conditions, supply and demand, production and sales, price levels, income, employment, investment, and tax conditions. The index of major manufacturers may consolidate at 13.0 points, and non-manufacturing — fall from 34.0 points to 33.0 points, putting pressure on the yen. Read more