Tomorrow from Japan we get the Q3 BOJ Tankan

From the Bank of Japan (BOJ) tomorrow (Wednesday, Tokyo time) we get the Q3 BOJ Tankan report.

The Wall Street Journal published a preview late last week, and I had a bit of summary of it, here: Bank of Japan (BOJ) quarterly Tankan survey – what to expect

From the Wall Street Journal: Tankan Expected to Show Weaker Sentiment

• Diffusion index measuring sentiment among major manufacturers is expected to fall to plus 10 in the three months to September (according to the median forecast of 19 economists polled)
• Down from plus 12 in the previous survey in June
• “Following the tax hike, domestic demand is facing a slightly bigger downturn than initially expected,” said Masaaki Kanno, a former BOJ official and now chief economist at JP Morgan Securities Japan
• Capital spending plans will also be in focus to determine if what BOJ governor Kuroda calls a “positive cycle” in the corporate sector is in place
• The survey’s results won’t likely prompt the BOJ to take fresh stimulus steps as the central bank is reaping the benefits of the weaker yen that is helping to keep inflation above what market participants call a “1.0% threshold.” That level—the on-year rate of increase in consumer price index, excluding the tax increase and perishable food prices—is considered a trigger for additional easing by the central bank.investment plans usually tend to pick up in September,” Mr. Kanno said.

The Tankan is due at 2350GMT on Tuesday (which is Wednesday morning Tokyo time)