by Thu, 01 Jul 2010 01:59:00 +0200
Japan: Tankan Large Manufacturing Index reaches 1 point in Q2 2010 beating expectations
FXstreet.com (Córdoba) - The Tankan Large Manufacturing Index grew 15 points and reached 1 in the June quarter 2010 against -7 expected.
The Tankan Non - Manufacturing Index also improved achieving -5 in the second quarter 2010 better than -8 forecasted and compared to -14 reached in Q1.
The Tankan Large All Industry Capex rose by 4.4% in the June quarter, expectations 5.0%, previous -0.4%. The Tankan Large Manufacturing Outlook achieved 3 points, expected 1, previous -8. The Tankan Non - Manufacturing Outlook reached -4 and did not meet expectations as consensus was around -3, the previous quarter the index was -10.
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