Tankan

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Tankan (短観), a shorthand for kigyō tanki keizai kansoku chōsa (企業短期経済観測調査, literally Business Short-Term Economic Sentiment Survey), is a quarterly poll of business confidence reported by the Bank of Japan showing the status of the Japanese economy. It is one of the key financial measures in Japan and has considerable influence in stock prices and the currency rate. The 'large manufacturers index' component of the Tankan is considered "a leading gauge of economic growth". [1]

Bank of Japan the central bank of Japan

The Bank of Japan is the central bank of Japan. The bank is often called Nichigin (日銀) for short. It has its headquarters in Chūō, Tokyo.

Economy of Japan national economy

The economy of Japan is a highly developed and market-oriented economy. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). and is the world's second largest developed economy. Japan is a member of the G7. According to the International Monetary Fund, the country's per capita GDP (PPP) was at $38,937(2016). Due to a volatile currency exchange rate, Japan's GDP as measured in dollars fluctuates widely. Accounting for these fluctuations through use of the Atlas method, Japan is estimated to have a GDP per capita of around $38,490. The Japanese economy is forecast by the Quarterly Tankan survey of business sentiment conducted by the Bank of Japan. The Nikkei 225 presents the monthly report of top Blue chip equities on Japan Exchange Group.

Stock financial instrument

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References

  1. Kajimoto, Tetsushi; White, Stanley (30 Sep 2014). "Japan's economy takes another hit as output, spending slump". Reuters. Retrieved 30 September 2014.