This came out overnight, so posting it now for background info rather than any sor of recent news.
From the Reuters Tankan poll (monthly poll of 400 major manufacturers and service-sector firms, of which 260 replied during the June 2-16 period) – which strongly correlates with the Bank of Japan’s key tankan quarterly survey:
- Confidence of Japanese manufacturers held steady in June
- Service-sector mood rebounded from the prior month
- The index of sentiment among manufacturers stood at plus 19, unchanged from May, and up 1 point from three months ago.
- The index for manufacturers is seen edging up to plus 21 in September
- The service-sector gauge is expected to fall to plus 25
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The Bank of Japan (BOJ) Tankan survey is due for release on July 1