<strong>Japan October Machine Orders Rebound on Non-Manufacturing Demand, Manufacturers Remain Weak </strong>
–Govt Keeps View After Downgrade Last Month: Pickup in Machine Orders Pausing By Max Sato (MaceNews) – Japanese machinery orders, the key leading indicator of business investment in equipment, posted the first rise in three months in October, led by strong demand from non-manufacturers and reflecting solid capex plans for fiscal 2022, but uncertainty over […]
<strong>BOJ Q4 Tankan: Major Manufacturers’ Sentiment Dips, Services Up; Most Sectors Cautious Ahead</strong>
–Manufacturers Cautious Amid Global Slowdown, Elevated Costs –Govt Travel Discount Scheme, Eased Covid Border Rules Support Services –Business Confidence Seen Dimmer in March as Uncertainties Linger –Large Firms Revise Down FY22 Capex Plans but Still See Close to 20% Rise Over FY21 –Small Firms Continue Revising Up FY 22 Capex Plans but Lower Than Expected […]
<strong>Preview: BOJ December Tankan Manufacturers Sentiment Seen Down Further, Services Up on Tourism Promotion</strong>
–Govt’s New Travel Discount Program Supporting Consumer Spending –Businesses Seen Cautious About Climate in March Amid Global Slowdown –Smaller Firms Expected to Continue Revising Up Combined FY22 Capex Plans By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan business survey is expected to show confidence among major manufacturers in Japan drifted lower for […]
BofA Global Research Fund Manager Survey: Investors Less Pessimistic About 2023 Prospects
— Inflation Expected to Decline — First Bond Overweight Since April 2009 By Vicki Schmelzer NEW YORK (MaceNews) – Global investors polled at year-end were decidedly less pessimistic about 2023 prospects especially for inflation, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. In December, a net 68% of managers […]