Bank of Japan Q3 Tankan Survey - Companies revise inflation forecasts lower

Bank of Japan [BOJ] third quarter Tankan sruvey released this Tuesday morning in Asia showed the Japanese companies have revised their inflation projections lower to an average 0.7% a year from the previous estimate of 0.8%. 

Corporates expect consumer prices to rise an annual 1.1% three years from now and an annual 1.1% five years from now.