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Reuters Tankan report has manufacturing sentiment at 8 in May, down from 9 in April

Reuters Tankan

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  • Japan manufacturers index +8 in May vs +9 in April
  • Japan non-manufacturers index +30 in May, unchanged from April
  • Japan manufacturers index seen at +7 in August, non-manufacturers at +28

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Reuters Tankan is a monthly survey that seeks to track the Bank of Japan’s tankan quarterly survey

  • respondents spoke on the condition of anonymity
  • Reuters Tankan indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive reading means optimists outnumber pessimists.

This article was written by Eamonn Sheridan at www.forexlive.com.

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