Japan – Reuters Tankan poll – out earlier:

  • 256 firms responded to the poll of 400 big and medium firms taken February 3-17
  • Sentiment index for manufacturers fell by one point to plus 18 from plus 19 in January, the first decline in 5 months
  • Electric machinery index down 23 points
  • Precision machinery index down by 8 points
  • Non-manufacturing index was +30 in Feb vs. +27 in January
  • Further out, the japan manufacturers index is seen at +14 in May, the non-manufacturing at +15
  • Companies voiced concern about weak shipments to China & risks from emerging market economies