BoJ Tankan: Manufacturing Sentiment Gains Momentum

An index monitoring business sentiment in Japan surged in the third quarter of 2017, the Bank of Japan said on Monday in its quarterly Tankan business survey.

The large manufacturers’ index came in with a score of +22, beating expectations for +18 and up from +17 in the previous quarter.

The outlook came in at +19, also topping expectations for +16 and up from +15 in the three months prior.

The survey is closely watched by the Bank of Japan for formulating policies.
Source: RTT News

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