The sentiment amongst the Japanese manufacturing and services firms improved for the second straight month this year, the latest survey conducted by the Bank of Japan (BOJ) showed on Monday. Key findings “The headline index for big manufacturers’ sentiment improved to minus 10 in December from minus 27 in September.” “Big non-manufacturers’ sentiment also recovered to minus 5 from minus 12 in September, roughly matching a Reuters poll of minus 6, the survey showed.” “Big firms plan to cut their capital expenditure by 1.2% in the current business year to March 2021, a sign slumping profits and uncertainties over the outlook were discouraging firms to ramp up spending.” Market reaction USD/JPY treads water around 104.00 amid the upbeat markets, which weighs on the safe-haven US dollar. Upbeat Japanese data also caps the upside attempts in the spot. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next WTI stays depressed below $47.00 even as risks improve FX Street 2 years The sentiment amongst the Japanese manufacturing and services firms improved for the second straight month this year, the latest survey conducted by the Bank of Japan (BOJ) showed on Monday. Key findings “The headline index for big manufacturers’ sentiment improved to minus 10 in December from minus 27 in September.” “Big non-manufacturers’ sentiment also recovered to minus 5 from minus 12 in September, roughly matching a Reuters poll of minus 6, the survey showed.” “Big firms plan to cut their capital expenditure by 1.2% in the current business year to March 2021, a sign slumping profits and uncertainties over the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
