Sentiment Improving Among Big Japanese Manufacturers
Japan’s Tankan report showed big manufacturers’ sentiment beat expectations, with the index hitting a three-year high.
The Big Manufacturers Index for June came in higher than expected at +17, compared with a Reuters poll forecast for +15. That was up from +12 in the March survey.
The Big Manufacturers Index was expected to come in at +15 for September, above a Reuters forecast for +14.
The closely watched index, which can affect policy making, is a quarterly survey of Japanese businesses.
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