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BOJ Q2 Tankan improves from Q1: Massive Manufacturing outlook 9 (vs. 5 anticipated and prior 1)

BOJ Q2 Tankan improves from Q1: Massive Manufacturing outlook 9 (vs. 5 anticipated and prior 1)


I posted a heads-up on this right here, which features a description of each the Financial institution of Japan and Reuters Tanakn stories:

Extra:

  • June huge producers index +5(Reuters ballot: 3), the primary enchancment for 7 quarters, highest since December 2022
  • Sept huge
    producers index seen at +9(Reuters ballot: 5)
  • June huge
    non-manufacturers index +23(Reuters ballot: 22), improves for the fifth consecutive quarter, highest since June 2019
  • Sept huge
    non-manufacturers index seen at +20(Reuters ballot: 21)
  • June small
    producers index -5(Reuters ballot: -4)
  • Sept small
    producers index seen at -1(Reuters ballot: -3)
  • June small
    non-manufacturers index +11(Reuters ballot: 10)
  • Sept small
    non-manufacturers index seen at +7(Reuters ballot: 7)
  • Japan all corporations see
    greenback averaging 132.43 yen for fy2023/24
  • Japan all corporations see
    euro averaging 140.11 yen for fy2023/24
  • Japan huge
    producers see greenback averaging 131.55 yen for fy2023/24
  • June all corporations
    employment index -32
  • June all corporations
    monetary situation index +11 vs march +9
  • June huge
    producers’ manufacturing capability index +2 vs march +1
  • Japan huge
    producers see fy2023/24 recurring earnings -7.0%
  • Japan huge corporations see
    fy2023/24 capex +13.4% (Reuters ballot: 10.1%)
  • Japan small corporations
    see fy2023/24 capex +2.4% (Reuters ballot: 3.7%)



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