The monthly Reuters Tankan is more timely than the quarterly report of the same name from the BOJ
- Manufacturers Index for June comes in at -46 (down further from -44 in May)
- Non Manufacturers Index -32 (-36)
Outlook
- Manufacturers September Index seen at -35
- Non-manufactures – 29
The sentiment index at manufacturers remains at its lowest since June 2009
Yen is doing pretty much nothing.
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Poll of 499 large- and mid-sized non-financial companies
- 240 firms responded on condition of anonymity