Japan – Reuters Tankan report for August: Manufacturing sentiment 10, from 11 in July

The monthly Reuters Tankan survey, a guide to the Bank of Japan’s quarterly tankan survey:

• August manufacturers sentiment +10, July was +11
• May non-manufacturers sentiment +24 vs +26 in July
• November manufacturers index seen at +5, non-manufacturers at +26

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Reuters Tankan is a monthly survey that seeks to track the Bank of Japan’s tankan quarterly survey

• respondents spoke on the condition of anonymity
• Reuters Tankan indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive reading means optimists outnumber pessimists.

This article was written by Eamonn Sheridan at www.forexlive.com.