Japan: Current conditions DI in the Economy Watchers Survey likely to rise - Nomura
|Masaki Kuwahara, Research Analyst at Westpac, suggests that they expect the current conditions DI in the Economy Watchers Survey of Japan to rise and the future conditions DI to fall slightly.
Key Quotes
“We expect the current conditions DI to rise and the future conditions DI to fall slightly. The economy is solid overall and we see no convincing reason to expect sentiment to deteriorate. We expect the current conditions DI in November to rise from the October level, when it was weighed down by the one-off negative impact from the typhoons. In terms of the future conditions DI, we would not be surprised by a small decline from the October level, when there was a sharp 3.9 m-o-m rise, since the increase in share prices has slowed since the beginning of November.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.