Reuters Tankan report has manufacturing sentiment at 8 in May, down from 9 in April ...Middle East

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Reuters Tankan report has manufacturing sentiment at 8 in May, down from 9 in April

Reuters Tankan

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    Japan manufacturers index +8 in May vs +9 in AprilJapan non-manufacturers index +30 in May, unchanged from AprilJapan manufacturers index seen at +7 in August, non-manufacturers at +28

    Tariff uncertainty under Trump’s trade policy is dampening business optimism, particularly in manufacturing.

    Rising costs, delayed capital spending, and concerns over China's economy were cited as key risks.

    Transport sector saw a temporary lift, with increased vehicle production, though outlook remains cautious.

    The economy contracted in Q1, and the sentiment dip underscores risks to Japan’s recovery momentum.

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    Reuters Tankan is a monthly survey that seeks to track the Bank of Japan's tankan quarterly survey

    respondents spoke on the condition of anonymityReuters Tankan indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive reading means optimists outnumber pessimists. This article was written by Eamonn Sheridan at www.forexlive.com.

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