Archive for April 1st, 2013

Deeper Analysis

Bank of Japan Tankan Survey

April 1, 2013

The diffusion indices in the table below represent the number of surveyed corporations that considered economic conditions favorable minus the number considering such unfavorable.  Negative readings indicate a balance of pessimism, and positive readings show net optimism.  The column labeled Bm comprises big manufacturers.  Bnm represents big non-manufacturers.  Sm are the small manufacturers, and the […] More

New Overnight Developments Abroad - Daily Update

Activity Blunted by Easter Monday Observances

April 1, 2013

Most European markets remain closed, as well as those in Australia, New Zealand, Hong Kong, Thailand and Canada. The Tankan corporate survey compiled by the Bank of Japan showed somewhat less improvement than anticipated.  The yen is 0.5% higher, and Japanese stocks sank 2.1%.  The 10-year Japanese JGB yield firmed two basis points to 0.57%.  […] More