sentiment: That level for the index would be the lowest since September 2016, when it was at plus six, according to The Japan Times. The sentiment index for big non-manufacturers inched down to plus 20 in June from the plus 21 recorded in a March survey, the poll found. A deterioration in corporate sentiment will add to the Bank of Japan's concerns about slowing economic growth, after its governor signaled readiness to ramp up stimulus as global risks cloud the outlook. ; The Bank of Japan's quarterly tankan business sentiment survey is expected to show the headline index for big manufacturers' confidence slipped to plus nine in June from plus 12 three months earlier, the poll of 16 economists showed. Slowdown in the global economy, weak exports and factory output due to lower demand for semiconductor-related products dented manufacturers' mood, said Yasunari Tanaka, a researcher at Mitsubishi Research Institute. In the March survey, sentiment among big manufacturers soured at its fastest pace in more than six years. An escalation in the U.S.-China trade conflict hurts exports and the yen's appreciation damaged the corporate earnings environment, he added.
(news.financializer.com). As
reported in the news.
Tagged under sentiment, manufacturers confidence topics.