Japan: Business sentiment hits six-year high in Q4

According to the Bank of Japan’s quarterly TANKAN business survey, sentiment among large manufacturers jumped to its highest level since Q4 2007, suggesting that Japan’s economic prospects remain largely upbeat. The index rose from 12 points in Q3 to 16 points in Q4, beating market expectations of an increase to 15 points. A positive reading means that optimists outnumber pessimists.

Read more about Japanese Business Confidence.

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