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The Japanese Tankan Large Mfg Index arrived in at -34 (from expected -31 & prior -8):

  • Tankan Large Non-Mfg Index -17 (-20, 8).
  • Tankan Large Mfg Outlook -27 (-24,-11).
  • Tankan Large Non-Mfg Outlook -14 (-15, -1).
  • Tankan Large All Industry Capex.
  • Tankan Small Mfg Index -45 (-39, -15).
  • Tankan Small Non-Mfg Index -26 (-32,-1).
  • Tankan Small Mfg Outlook -47 (-36, -29).
  • Tankan Small Non-Mfg Outlook -33 (-30, -19).

There was little response in the yen, although this data is not good reading.

More to come…