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Financial News: Bank Of Japan Tankan Survey Due On Monday

Bank Of Japan Tankan Survey Due On Monday

09/30/2018 - 18:01:00 (RTTNews)

(RTTNews) - The Bank of Japan will on Monday release its quarterly Tankan survey of business sentiment, highlighting a modest day for Asia-Pacific economic activity.

In the three months prior, the large manufacturing index and the outlook index both had a score of +21. The large non-manufacturing index came in at +24 and the outlook was at +21. Capex was seen higher by 13.6 percent.

Japan also will see September numbers for the manufacturing PMI from Nikkei; the previous score was 52.5.

A number of other regional countries also will see September manufacturing PMI results from Nikkei, including Indonesia, Malaysia, Myanmar, the Philippines, South Korea, Taiwan, Thailand and Vietnam.

Australia will see September figures for the Performance of Manufacturing Index from AiG, as well as the inflation forecast for TD Securities. In August, the manufacturing index had a score of 56.7, while the inflation forecast suggested an increase of 0.1 percent on month and 2.1 percent on year.

Indonesia will release September data for inflation; in August, consumer prices were down 0.05 percent on month and up 3.2 percent on year, while core CPI was up 2.9 percent on year.

Finally, the markets in China and Hong Kong are closed on Monday for the National Day holiday. Hong Kong returns to trade on Tuesday, while Shanghai is off all week and comes back October 8.

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