News Headline Summary

Japanese Tankan for Large Manufacturers Index (Q4) Q/Q -12 vs Exp. -10 (Prev. -3), lowest since March 2012

- Tankan Non-Manufacturing (Q4) Q/Q 4 vs Exp. 5 (Prev. 8)
- Tankan Large Manufacturing Outlook (Q4) Q/Q -10 vs Exp. -9 (Prev. -3)
- Tankan Large All Industry Capex (Q4) Q/Q 6.8% vs. Exp. 5.4% (Prev. 6.4%)
- Tankan Non-Manufacturing Outlook (Q4) Q/Q 3 vs Exp. 5 (Prev. 5)

Update details:

- The lower-than-expected Tankan data may add to pressure for BoJ to ease.

Reaction details:

- USD/JPY immediately moved up by 2 pips from 82.65 to 83.67, trades 83.67 (+18 pips) last.

Print 23:51, 13 Dec 2012 - Asian News - Source: Newswires