BoJ March Tankan has arrived and the Big Manufacturers index came in at -8 (Reuters poll: -10).
Key notes
- Big Manufacturers index three months ahead seen at -11 (Reuters poll: -14).
- Big Non-manufacturers index +8 (Reuters poll: +6).
- Big Non-manufacturers index three months ahead seen at -1 (Reuters poll: +2).
- Japan big firms see capex +1.8 pct this FY (Reuters poll: -1.1%).
- Japan small firms see capex -11.7 pct this FY (Reuters poll: -16.3%).
- Small manufacturers index -15 (Reuters poll: -17).
- Small manufacturers index three months ahead seen at -29 (Reuters poll: -23).
- Small non-manufacturers index -1 (Reuters poll: -7).
- Small non-manufacturers index three months ahead seen at -19 (Reuters poll: -15).
- Japan big manufacturers see dollar averaging 107.98 yen this FY.
More to come…
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