Weekly pick from CitiFX
"Although there were a few weak points, the result of the December Tankan
showed no significant drop off. The DI of the large manufacturing enterprises
stayed at the same level with the last survey in September. This means that
there appears to be no major catalyst for Governor Kuroda to signal additional
easing at the BoJ policy meeting later this week. Indeed, he may even stress
steadiness in the corporate sector and such hawkishness could be taken as JPY
positive.
