I posted on the quarterly Business Sentiment Index (BSI) survey from Japan's Ministry of Finance and the Economic and Social Research Institute, an arm of the Cabinet Office earlier
Large All Industry, 6.2 (a beat)
- expected 5.8,prior was 5.1
Large Manufacturing, 9.7 (not a beat ;-) )
- expected 10.0, prior was 9.4
More now (this recap via Reuters, more at the link if you are interested)
- Large Japanese manufacturers turned more optimistic about economic conditions in the October-December quarter
- Survey shows that big manufacturers plan to raise capital spending by 10.7 percent in the current half of the fiscal year ending in March, up from their previous projection of an 8.9 percent increase
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As noted in the piece, the Bank of Japan "tankan" survey of corporate sentiment is due on Friday
- Expected to show confidence among big manufacturers at its highest in more than a decade
