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BOJ tankan expected to show big manufactures confident on outlook: Reuters poll

Channel News Asia LogoChannel News Asia6d ago

BOJ tankan expected to show big manufactures confident on outlook: Reuters poll - Channel News Asia

Quick Summary:

TOKYO : Confidence among big Japanese manufacturers likely improved slightly in the three months to June, while non-manufacturers' mood slipped a bit, the Bank of Japan's (BOJ) closely-watched tankan survey is expected to show, according to a Reuters poll of 18 economists.

Companies and investors are now watching closely to see if the BOJ will raise interest rates again in July at the same time as it starts tapering bond buying, or make the next hike later in the year.

FILE PHOTO: A worker checks machinery at a factory in Higashiosaka, Japan June 23, 2022.


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Category: EconomyBusiness

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-21 @ 12:04:18 (6 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 434 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21326283

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 54 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

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Publisher ID: #27

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