Japan Business Sentiment Index for 'all industry" and "large manufacturing"

BSI All Industry, 4.6

  • prior was 9.6

BSI Large Manufacturing, 3.8

  • prior was 11.0

For immediate impact on the FX market this is not up there ... it usually sort of sails by unnoticed.

This is a joint survey by the Ministry of Finance & the Economic and Social Research Institute (part of the Japanese Cabinet Office). The BSI measures the percentage of firms that expect the business environment to improve from the previous quarter minus the percentage that expect it to worsen


More (via Reuters):

  • Japanese firms see 2015/16 capital spending +7.5 pct year/year (+6.1 pct in prev survey)
  • Big Japanese manufacturers' sentiment worsened in October-December ... suggesting the economy could lose some momentum heading into next year