Latest note from SMBC Nikko senior economist Koya Miyame reported by Bloomberg
- Tankan not likely to be a factor to push BOJ to ease
- if BOJ were to act after Tankan then it would be next week
Yesterday's weaker Tankan survey of large manufacturers was reported by Eamonn here
The debate continues but there's plenty of evidence pointing towards further easing
Maybe political pressure says it won't happen for fear of Abenomics losing credibility, ( well, more than it has already) but they can always blame it on China/external factors
Meanwhile USDJPY a tad lower at 120.18 as the Nikkei turns lower, now 17,774.61, + 2.22%, from 17831.58 highs two hours ago