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Reuters Tankan survey: Manufacturers index +6 in May, first positive reading this year

Reuters Tankan survey: Manufacturers index +6 in May, first positive reading this year
Reuters Tankan sentiment index for big manufacturers +6first positive reading this yearis expected to rise further, to +8, in AugustService-sector index 25hit its highhest this yearseen at 24 in AugustThe solid readings may further fuel speculation that the BOJ may embark on normalising its easing policy sooner rather than later. Offsetting this of course is Bank of Japan Governor Ueda repeatedly saying that inflation, supported by wage hikes, needs to track at a sustainable rate of 2% before th... Read More
Posted: May 23 2023, 23:02
Author Name: forexlive
Views: 102322

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