market forecast: But the result was weaker than the average market forecast of 15 in a Kyodo News poll, according to The Japan Times. The report, a quarterly survey of more than 10,000 companies, is closely watched as the broadest indicator of how Japanese companies are faring. The key index measuring confidence among companies, such as carmakers and electronics firms, stood at 12, up 2 points from the December survey. Analysts say the latest survey suggests many firms remain skeptical about whether the business environment will continue recuperating, given that the outlook for the U.S. and European economies is uncertain. Aiming to achieve a 2 percent inflation target, the central bank has said U.S. economic policies and Britain's planned exit from the European Union could become risks to Japan's economy. The first tankan survey since U.S. President Donald Trump took office in January is expected to strengthen the view that the BOJ is unlikely to begin tapering its current aggressive monetary easing this year, economists say.
(news.financializer.com). As
reported in the news.
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