Sunday, July 1, 2012

Reuters: US Dollar Report: Japan corporate sentiment improves - BOJ tankan

Reuters: US Dollar Report
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Japan corporate sentiment improves - BOJ tankan
Jul 1st 2012, 23:57

TOKYO, July 2 | Sun Jul 1, 2012 7:57pm EDT

TOKYO, July 2 (Reuters) - Big Japanese manufacturers' sentiment improved in the second quarter from the previous quarter, a closely watched Bank of Japan survey showed, helped by strength in domestic demand as reconstruction from last year's massive earthquake makes headway.

The headline index for big manufacturers' sentiment was minus 1 in June, up from March and higher than the median market forecast for minus 4, the quarterly tankan survey showed on Monday.

Big manufacturers expect conditions to improve over the next three months, with the index for September seen at plus 1, compared with a median forecast of minus 3.

The survey also showed big firms plan to raise their capital spending b y 6.2 percent in the financial year to next March, compared with a median forecast for a 3.5 percent increase.

The sentiment indexes are derived by subtracting the percentage of respondents who say conditions are poor from those who say they are good. A negative reading means pessimists outnumbered optimists.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.