Reuters Tankan - Japan manufacturers sentiment index -6 (unchanged from December)

Author: Eamonn Sheridan | Category: News

The monthly Reuters Tankan is more timely than the quarterly report of the same name from the BOJ.

  • January manufacturers' sentiment index comes in at -6 (unchanged from Dec)
  • Service-sector index +14 in January vs. flat vs Dec
  •  Manufacturers' mood seen up ahead, service sector down

Pessimism amongst Japanese manufacturers persisted in January, usual suspects cited:
  • China-U.S. trade tension
  • sluggish global demand
Looking ahead though,  some believed conditions will improve in the next few months
  • seen to 0 in April
Service-sector outlook sees 13 in April (slight fall)


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