BOJ Tankan worsens fundamental outlook in Japan

The Bank of Japan (BOJ) quarterly Tankan report, a survey which aims to assess business conditions in Japanese manufacturing and service industries, came below expectations across the board. The BOJ attributed emerging markets slowdown as likely contributor behind the worsening of big manufacturers sentiment. All readings can be fond below.

Tankan Large Manufacturing Index 6 vs expected 8, prior 126

Tankan Large Manufacturing Outlook 3 vs expected 7, prior 7

Tankan Large Non-Manufacturing Index 22 vs expected 24, prior was 25

Tankan Large Non-Manufacturing Outlook 17 vs expected 20, prior was 18

Tankan Large All Industry Capex -0.9% vs expected -0.7%, prior +10.8%

Tankan Small Manufacturing Index -4 vs expected -2, prior 0

Tankan Small Manufacturing Outlook -6 vs expected -5, prior -4

Tankan Small Non-Manufacturing Index 4 vs expected 4, prior 5

Tankan Small Non-Manufacturing Outlook -3 vs expected 1, prior 0

The Bank of Japan (BOJ) quarterly Tankan report, a survey which aims to assess business conditions in Japanese manufacturing and service industries, came below expectations across the board. The BOJ attributed emerging markets slowdown as likely contributor behind the worsening of big manufacturers sentiment. All readings can be fond below.

(Market News Provided by FXstreet)