Business confidence among Japan’s larger manufacturers sagged further in the quarter ending September according to the Bank of Japan’s (BoJ) Tankan business survey. Key highlights Japanese businesses continue to feel the squeeze of global trade frictions, at least on the outlook side if not directly in the data, and business leaders continue to doubt the BoJ’s projections of economic expansion reaching the 2% target. According to the Tankan survey, large firms plan to increase capital expenditure by 13.4%, down from the previous quarter’s 13.6%, marking in the third straight quarterly decline in the survey results. Japan’s domestic economy did manage to rebound in 2018’s second quarter, fueled by rising business spending after the first quarter’s contraction. But escalating trade frictions and a series of natural disasters that disrupted supply chains cloud the outlook for the export-reliant economy. – Reuters 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 USD/CAD rips into fresh lows as CAD surges on news of NAFTA deal FX Street 4 years Business confidence among Japan's larger manufacturers sagged further in the quarter ending September according to the Bank of Japan's (BoJ) Tankan business survey. Key highlights Japanese businesses continue to feel the squeeze of global trade frictions, at least on the outlook side if not directly in the data, and business leaders continue to doubt the BoJ's projections of economic expansion reaching the 2% target. According to the Tankan survey, large firms plan to increase capital expenditure by 13.4%, down from the previous quarter's 13.6%, marking in the third straight quarterly decline in the survey results. Japan's domestic economy did manage… 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.
