Takashi Miwa, Research Analyst at Nomura points out that in the September 2018 BOJ Tankan, the current business conditions DI for large manufacturers was +19, a deterioration of 2pt from the previous survey (June), while the DI for large nonmanufacturers was also down 2pt from the previous survey at +22. Key Quotes “While the market consensus forecast had seen a decline in the DI for nonmanufacturers stemming from natural disasters in Jul-Sep (the QUICK survey called for a 1pt deterioration to +23), it had expected the DI for manufacturers to remain flat, so the decline comes as something of a surprise.” “Considering the conspicuous decline for materials (-6pt), we think the deterioration may reflect not only concerns over a global decline in demand stemming from US protectionist trade policies but also caution regarding the recent rise in resource prices.” 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 NZD vulnerable to a squeeze higher? – ANZ FX Street 4 years Takashi Miwa, Research Analyst at Nomura points out that in the September 2018 BOJ Tankan, the current business conditions DI for large manufacturers was +19, a deterioration of 2pt from the previous survey (June), while the DI for large nonmanufacturers was also down 2pt from the previous survey at +22. Key Quotes "While the market consensus forecast had seen a decline in the DI for nonmanufacturers stemming from natural disasters in Jul-Sep (the QUICK survey called for a 1pt deterioration to +23), it had expected the DI for manufacturers to remain flat, so the decline comes as something of a… 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.
