Reuters’ Tankan manufacturing index survey for November showed that manufacturing activity in Japan continues to decline, largely owing to auxiliary knock-on effects from the US-China trade war. November’s Manufacturing Index came in at 26, a decline from October’s 28, although the Non-Manufacturing Index climbed to 30 from October’s 24 reading. The forward outlook for the Japanese Tankan survey is likewise negative, with the February manufacturing index expected to remain strapped to 24, while the non-manufacturing result is expected to climb to 32. Business confidence within Japan continues to worsen amidst trade war tensions sapping economic activity from the Pacific-Asia region, and the tradewar  fallout is expected to intensify in the coming months. “The business situation is not so good due to the U.S.-China trade friction and the rising trend in fuel prices caused by the strains in the Middle East,” a manager of a chemicals maker wrote in the survey.  “Capital expenditure is being delayed due to uncertainty surrounding the global economy due to trade tensions,” wrote a manager at a machinery maker. – Reuter’s Tankan Survey 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 Australia to challenge China with their own Pacific infrastructure fund – Reuters FX Street 4 years Reuters' Tankan manufacturing index survey for November showed that manufacturing activity in Japan continues to decline, largely owing to auxiliary knock-on effects from the US-China trade war. November's Manufacturing Index came in at 26, a decline from October's 28, although the Non-Manufacturing Index climbed to 30 from October's 24 reading. The forward outlook for the Japanese Tankan survey is likewise negative, with the February manufacturing index expected to remain strapped to 24, while the non-manufacturing result is expected to climb to 32. Business confidence within Japan continues to worsen amidst trade war tensions sapping economic activity from the Pacific-Asia region,… 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.
