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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Japan Capex Dip To Lead To Downward Q3 GDP Revision
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.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.