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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
MNI DATA SURVEY: BOJ March Tankan Business Sentiment Survey
TOKYO (MNI) - The following are the median economist forecasts for the Bank
of Japan's quarterly Tankan business sentiment survey for March due out on
Monday, April 1.
Monday, April 1, 0850 JST (2350 GMT Mar. 31, Sunday):
Data Median Forecast Previous Survey
--------------------------------------
Large Mfg DI 14 19
--------------------------------
Large Non-Mfg DI 22 24
Small Mfg DI 10 14
Small Non-Mfg DI 9 11
Capex by Big Firms -0.7 n/a
Capex by Small Firms -19.8 n/a
Sentiment Diffusion
Index
--------------------------------------------------------------------------------
Large Small Small
Large Mfg Non-mfg Mfg Non-mfg
Median Forecast 14 22 10 9
High Forecast 16 24 13 11
Low Forecast 11 20 8 8
Previous Survey 19 24 14 11
No. of Responses 8 8 8 8
Mitsubishi UFJ R&C 16 24 11 9
Mitsubishi Research 15 24 13 11
Mizuho Research 15 23 11 10
BNP Paribas 14 20 9 9
SMBC Nikko 13 22 9 9
Japan Research 13 22 11 9
Sumitomo Mitsui AM 11 22 8 8
Mitsubishi UFJ Morgan
Stanley 11 21 8 9
Fiscal 2019 Capex Plans (% y/y)
Large Firms Small Firms
-------------------------------------------------------
Median Forecast -0.7 -19.8
High Forecast 1.2 -13.1
Low Forecast -3.5 -22.8
Previous Survey n/a n/a
No. of Responses 7 7
Mitsubishi UFJ R&C -0.7 -16.9
Mitsubishi Research 1.2 -20.9
Mizuho Research -2.0 -20.0
BNP Paribas n/a n/a
SMBC Nikko -0.9 -22.8
Japan Research 0.4 -17.5
Sumitomo Mitsui AM 0.5 -19.8
Mitsubishi UFJ Morgan Stanley -3.5 -13.1
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$A$$$,M$J$$$]
To read the full story
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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.