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The Bank of Japan tankan survey: Worsened for the  first time in 2 quarters

The Bank of Japan tankan survey came out with the big non-manufacturers index worsened for the  first time in 2 quarters.

A BoJ official: Manufacturers of various sectors said us-china trade tensions, overseas slowdown hurting sentiment – Some retailers, transport firms, restaurants voiced concern over potential impact of sales tax.

  • Japan Tankan large mfg index 3q: 5 (est 1 ; prev 7).
  • Japan Tankan large non-mfg index 2Q: 21 (est 20 ; prev 23).
  • Japan Tankan large mfg outlook 3Q: 2 (est 1 ; prev 7).
  • Japan Tankan large non-mfg outlook 3Q: 15 (est 16 ; prev 17).
  • Japan Tankan large all industry capex 3Q: 6.6% (est 7.0% ; prev 7.4%).
  • Japan Tankan small mfg index 3Q: -4 (est -6 ; prev -1).
  • Japan Tankan small non-mfg index 3Q: 10 (est 8 ; prev 10).
  • Japan Tankan small mfg outlook 3Q: -9 (est -8 ; prev -5).
  • Japan Tankan small non-mfg outlook 3Q: 1 (est 1 ; prev 3).

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