The Reuters Tankan is monthly, whereas the BOJ tankan is quarterly - Reuters indicators seek to track the official Bank survey results
- November manufacturers' sentiment index +27 vs +31 in Oct
- Service-sector index +31 in Nov vs +30 in Oct
More (via Reuters):
- Confidence among Japanese manufacturers slipped in November from a decade high seen the previous month ... weighed on by producers of industrial materials such as oil, steel, nonferrous metals and chemicals
- but it remained strong
- service-sector firms' sentiment edging up, a further sign of broadening recovery ... led by real estate/construction firms
- The sentiment indexes for manufacturers and service-sector firms are expected to hold largely steady over the next three months
- retail muted
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Reuters poll of 547 large- and mid-sized companies
- 255 firms responded
- conducted Oct. 26 to Nov. 7.
- Reuters Tankan indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive figure means optimists outnumber pessimists.
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Eyes will be on Nikkei today after its tumble and moves lower for stock elsewhere also.
