In Japan, the quarterly Tankan Survey of Business Conditions for Large Non-Manufacturers covers about 1,050 companies with capital over 1 billion Yen, operating in the non-manufacturing sector. The survey is done by mail or e-mail and asks participants to evaluate current trends and conditions in the business place and their respective industries as well as their expected business activities for the next quarter and year. The indicator is calculated by subtracting the percentage share of enterprises responding on the negative side from the share giving positive assessments. The index varies on a scale of -100 to 100 such that a value above zero indicates business optimism, a value below zero pessimism and 0 indicates neutrality.

Tankan Large Non-Manufacturing Index

In Japan, the quarterly Tankan Index of Sentiment at Large Manufacturers covers about 1,100 companies with capital over 1 billion Yen. The survey is done by mail or e-mail and asks participants to evaluate current trends and conditions in the business place and their respective industries as well as their expected business activities for the next quarter and year. The indicator is calculated by subtracting the percentage share of enterprises responding on the negative side from the share giving positive assessments. The index varies on a scale of -100 to 100 such that a value above zero indicates business optimism, a value below zero pessimism and 0 indicates neutrality.

Tankan Large Manufacturers Index

The Tankan (Short-Term Economic Survey of Enterprises in Japan) is a statistical survey conducted by the Bank of Japan. It aims to provide an accurate picture of business trends of enterprises in Japan, thereby contributing to the appropriate implementation of monetary policy.

Tankan Non-Manufacturing Outlook

Tankan Large Manufacturing Outlook

In China, Housing Index is measured by year-over-year change in the index of newly built residential buildings in 70 medium and large cities. The index is calculated in weighted average method and the weight of each city is based on the population.

House Price Index YoY

In China, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.

Retail Sales YoY

In China, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

Industrial Production YoY

In China, Urban Surveyed Unemployment Rate is calculated by a sample survey, which refers to the ratio of urban unemployed population to the sum of the employed population and the unemployed population.

Unemployment Rate

Due to the upcoming Thanksgiving holiday on the 27th November, the trading hours for some instruments and markets will be affected.

See the changes to the trading schedule below.



Changes ...

Changes to market hours for Thanksgiving 2025

We would like to inform you that on Sunday, 2nd November 2025, Daylight Saving Time (DST) will end in the US, and clocks will be set back by 1 hour.

This change will take place at 07:00 UTC....

Changes to trading hours - DST ending in US

We would like to inform you that on Sunday, 26th October 2025, Daylight Saving Time (DST) will end in most of Europe, and clocks will be set back by 1 hour.

This change will take place at 01...

Changes to trading hours - DST ending in Europe

The past week saw broad-based moves across global financial markets. Renewed optimism over trade agreements, strong earnings from major companies, and steady central bank policy underpinned r...

Weekly Market Analysis for 28th July 2025

During the course of last week, global markets exhibited a blend of cautious optimism and risk management due to escalating trade tensions and mixed economic signals. U.S. indices remained in...

Market Analysis for 14th July 2025

The first week of July 2025 saw global markets navigate a cautious landscape shaped by tariff deadlines, central bank policy signals, and mixed macroeconomic data. While some US equities reac...

Market Analysis for 7th July 2025

We would like to inform you that there will be changes to trading hours on the 3rd and 4th of July, Thursday and Friday respectively.

As a result, the trading times for some markets and inst...

Changes to trading hours on July 3rd and 4th

The past week was marked by significant rallies in US indices, a weaker US dollar, and heightened volatility in Crude Oil. Economic data painted a mixed picture, there was some easing in geop...

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