BOJ Tankan Q2: Large Manufacturers Index 14 (vs. expected 15)

The Bank of Japan Tankan survey for March – June 2021

Large Manufacturers Index 14
  • expected 15
  • previous 5
Large Non-Manufacturing Index 1

 

  • expected 3
  • previous -1
  • the September outlook is 3

 

Large All Industry Capex 9.6%

 

  • expected 7.2%
  • prior 3%

 

Large Manufacturing Outlook 13 for September

 

  • expected 18
  • prior 4

 

USD/JPY has ticked a little higher in early Asia trade but the response to the release of the BOJ’s Tankan is barely discernible.

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