BSI Large Manufacturing shows how major Japanese manufacturers evaluate the business environment. The indicator is calculated monthly based on the survey of managers of industrial companies possessing the corporate capital not less than 1 billion yen.
The indicator defines the sentiments in the Japanese manufacturing industry. It allows forecasting the movement of the Tankan Large Manufacturers index released a week later.
The indicator growth can have a positive effect on the yen quotes.
The chart of the entire available history of the "Japan Business Survey Index (BSI) Large Manufacturing" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.