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Consolidation Mode But Remains Bearish


Fails To Hold Onto Thursday’s High


'Big Tech' Bill Goes To Senate


Oil Up For Fifth Week On Supply Disruption, Geopolitics

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Combined capital investment by non-financial Japanese companies, excluding software, fell 1.1% q/q in the third quarter of 2021, reversing a Q2 gain, a quarterly survey released by the Ministry of Finance on Wednesday showed, heralding a possible downward revision in Q3 GDP.

The MOF survey, based on the demand side, is the key to calculating Q3 GDP revisions scheduled to be released on Dec. 13. The preliminary capex estimate was -3.8%.

Capital investment plans in the current fiscal year remained solid on the back of firm corporate profits, according to the latest Bank of Japan’s Tankan business sentiment survey.