Japan business mood likely improved slightly in BOJ tankan
A closely watched central bank survey is likely to show Japan’s business confidence improved slightly in the three months to September, according to a Reuters poll, suggesting the economy is weathering headwinds from slowing global growth for now. The survey is also expected to show corporate spending appetite remains firm, according to the poll, which may heighten the case for the Bank of Japan (BOJ) to phase out its massive monetary stimulus. “Big manufacturers’ sentiment likely improved, mainly among automakers. The service-sector mood is also expected to have brightened,” thanks ...
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