Business Confidence by Country
Latest released Business Confidence value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/business_confidence. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
China
CNY · Chinese Yuan
|
213,618,066.43
28 Feb 2026
|
90,977,498.77
28 Feb 2026
|
▲ +122,640,567.66 | 28 Feb 2026 | Monthly | Index | NBS/PBoC |
|
Canada
CAD · Canadian Dollar
|
-0.36
31 Mar 2026
|
-1.78
31 Dec 2025
|
▲ +1.42 | 31 Mar 2026 | Quarterly | Balance | Bank of Canada/StatCan |
What is Business Confidence?
Business confidence indices summarise corporate executives' assessments of current conditions and expectations. The IFO (Germany), Tankan (Japan), NAB (Australia), and ISM (US, indirectly) are the most-watched series.
Why it matters for FX
Business confidence leads capex and hiring decisions. Sharp drops typically precede slowdowns in industrial production and employment, which feed into the central-bank reaction function and therefore into the currency.
How to read this page
Watch the level vs long-run mean and the direction over three to six months. Forward-looking sub-indices (expectations, future orders) lead the present-situation reading.
What to watch for
- Forward expectations sub-index as the lead
- Direction over three to six months
- Sector breakdown — manufacturing vs services
- Cross-check with PMI new orders
- Investment-intentions sub-index