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Financial News: Bank Of Japan Tankan Survey Due On Monday

Bank Of Japan Tankan Survey Due On Monday

10/01/2017 - 18:01:00 (RTTNews)

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

The large manufacturers' index is expected to see a score of +18, up from +17 in the second quarter. The outlook is expected to climb to +16 from +15. All industry capex is expected to rise 8.3 percent, up from 8.0 percent in the three months prior.

Australia will see September results for the Performance of Manufacturing Index from AiG, as well as the inflation forecast from TD Securities.

The manufacturing index had a score of 59.8 in August, while the inflation forecast suggested an increase of 0.1 percent on month and 2.6 percent on year.

Indonesia will release September figures for consumer prices; in August, inflation was up 0.07 percent on month and 3.82 percent on year, while core CPI was up 0.28 percent on month and 2.98 percent on year.

Several countries will see September results for their respective manufacturing PMIs from Nikkei, including Indonesia, Japan, Malaysia, Myanmar, the Philippines, South Korea, Taiwan, Thailand and Vietnam.

Finally, the markets in South Korea, China and Hong Kong are closed on Monday. Korea will be off all week for the Harvest Festival, while China will be closed all week for the National Day holiday. Hong Kong will re-open on Tuesday.

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