Quarterly survey from the BOJ
- Tankan Large Mfg Index: 7 vs. expected 9, prior was 12 – worse than expected
- Tankan Large Mfg Outlook: 7 vs. expected ,6 prior was 8
- Tankan Large Non-Mfg Index: 23 expected 20, prior was 21 – better than expected
- Tankan Large Non-Mfg Outlook: 17 vs. expected 19, prior was 20
- Tankan Large All Industry Capex: 7.4% vs. expected 8.1%, prior was % 1.2
- Tankan Small Mfg Index: -1 vs. expected 2, prior was 6 – worse than expected
- Tankan Small Mfg Outlook: -5 vs. expected -2, prior was -2
- Tankan Small Non-Mfg Index: 10 vs. expected 10, prior was 12
- Tankan Small Non-Mfg Outlook: 3 vs. expected 6, prior was 5
The large Manufacturing result is the worst in 3 years. Trade war, global slowdown repercussions.