-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI POLITICAL RISK ANALYSIS-Ireland Election Preview
MNI POLITICAL RISK - Trump Tariffs Initiate Talks With Mexico
REPEAT: MNI DATA SURVEY: BOJ March Tankan Sentiment, Capex
TOKYO (MNI) - The following are the forecasts by economists polled by MNI
for the quarterly Bank of Japan Tankan business survey for March due out at 0850
JST on Monday, April 2 (2350 GMT on April 1).
On March 2, the BOJ said it had made slight revisions to previous Tankan
figures after conducting a routine shuffling of sample firms, which takes place
every few years, as well as introducing a new sampling method based on sales,
instead of the number of employees.
Data Median Forecast Previous Survey Previous Survey
--------------------------------------------------------------------------------
Old Formula New Formula
Large Mfg DI 26 25 26
Large Non-Mfg DI 24 23 25
Small Mfg DI 14 15 15
Small Non-Mfg DI 8 9 9
FY18 Capex by Big Firms (%) 0.6 n/a n/a
FY18 Capex by Small Firms (%) -19.4 n/a n/a
Sentiment Diffusion Index
-----------------------------------------------------------------------------
Large-mfg Large Non-mfg Small mfg Small Non-mfg
Median Forecast 26 24 14 8
High Forecast 27 26 15 10
Low Forecast 24 23 11 4
Previous Survey 26 25 15 9
No. of Responses 10 10 10 10
Mitsubishi Research 27 25 14 8
Fujitsu Research 26 24 15 9
Mizuho Research 26 23 14 8
Mitsubishi UFJ Research 26 26 14 9
BNP Paribas 26 25 13 8
Mitsubishi UFJ MS 25 24 15 9
Daiwa Research 25 25 13 8
SMBC Nikko 24 23 15 10
Japan Research 24 24 12 7
Sumitomo Mitsui AM 24 23 11 4
Fiscal 2018 Capex Plans (% y/y)
---------------------------------------------------------
Large firms Small firms
Median Forecast 0.6 -19.4
High Forecast 5.2 -15.5
Low Forecast -0.4 -22.0
Previous Survey n/a n/a
FY17 Plans in Mar 17 0.6 -22.6
No. of Responses 9 9
Mitsubishi Research n/a n/a
Fujitsu Research -0.1 -20.2
Mizuho Research 5.2 -21.2
Mitsubishi UFJ Research -0.4 -17.0
BNP Paribas 0.6 -18.6
Mitsubishi UFJ MS 4.4 -20.5
Daiwa Research -0.3 -18.5
SMBC Nikko 3.0 -15.5
Japan Research 0.9 -22.0
Sumitomo Mitsui AM 0.1 -19.4
--MNI Tokyo Bureau; tel: +81 90-4670-5309; email: max.sato@marketnews.com
[TOPICS: MTABLE]
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.