Bank of Japan quarterly Tankan report – further falls

July 01, 2020 at 12:50AM

BOJ Q2 Tankan
– Tankan Large Mfg Index comes in at -34 (from expected -31 & prior -8). Worsens for a 6th quarter in succession. Lowest since Dec of 2009.
– Tankan Large Non-Mfg Index -17 (-20, 8). Worsens for 4 Qs in a row. 
Poor results, yen non-impacted!
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