At 01:50 (GMT+2), the Q2 Tankan sentiment index for large companies is due. The indicator is published quarterly by the national Department of Research and Statistics based on a survey of managers of large companies in the manufacturing and non-manufacturing sectors. The survey assesses economic parameters such as business conditions, supply and demand, production and sales, price levels, income, employment, investment, and tax conditions. The sentiment index of large manufacturers is likely to fall from 12.0 points to 10.0 points, and that of non-manufacturing companies from 35.0 points to 34.0 points, putting pressure on the yen.
