BoJ March Tankan: Big Manufacturers index -8 (Reuters poll: -10)

BoJ March Tankan has arrived and the Big Manufacturers index came in at -8 (Reuters poll: -10).

Key notes

• Big Manufacturers index three months ahead seen at -11 (Reuters poll: -14).
• Big Non-manufacturers index +8 (Reuters poll: +6).
• Big Non-manufacturers index three months ahead seen at -1 (Reuters poll: +2).
• Japan big firms see capex +1.8 pct this FY (Reuters poll: -1.1%).
• Japan small firms see capex -11.7 pct this FY (Reuters poll: -16.3%).
• Small manufacturers index -15 (Reuters poll: -17).
• Small manufacturers index three months ahead seen at -29 (Reuters poll: -23).
• Small non-manufacturers index -1 (Reuters poll: -7).
• Small non-manufacturers index three months ahead seen at -19 (Reuters poll: -15).
• Japan big manufacturers see dollar averaging 107.98 yen this FY.

More to come...