Business Sentiment Index (BSI) survey results:
- October - December big manufacturers' business sentiment index +7.5 (vs July to September +2.9)
- January to March big manufacturers' business sentiment index seen +4.6(seen +5.3 for the prior survey)
- Japanese firms see 2016/17 capital spending +2.5% year/year (+4.9% for the previous survey)
--
The Business Sentiment Index (BSI) survey conducted by the Ministry of Finance and the Economic and Social Research Institute (a part of Japan's Cabinet office) is conducted quarterly.
- The survey measures the percentage of firms that expect the business environment to improve from the previous quarter minus the percentage that expect it to worsen.
Not generally a market-mover, but background info on Japanese business sentiment.
-
We also got November money stock data from Japan at the same time:
M2 y/y +4.0%
expected +3.7%, prior +3.7%
M3 y/y +3.4%
- expected +3.2%, prior +3.2%
