Japan: Downside risks on the Tankan’s headline Large Manufacturers index - TDS

Research Team at TDS, suggests that Japan’s Tankan will serve as an important input into the BoJ’s thinking ahead of their policy meeting later next month.

Key Quotes

“Some observers continue to look for another round of monetary easing. We see downside risks on the headline Large Manufacturers’ index as global growth has s lowed and JPY has risen by nearly 10% in trade-weighted terms since the last release.”