WS #11137
BoJ Tankan shows big manufacturer sentiment at +22, beating estimates, and firms raise inflation expectations, supporting BoJ normalization path. Gold prices fall over 26% from peak, recording steepest monthly decline since 2008, driven by stronger USD and Fed rate hike expectations.
Japan Tankan sentiment beats forecasts, inflation expectations rise
BoJ Tankan shows big manufacturer sentiment at +22, beating estimates, and firms raise inflation expectations, supporting BoJ normalization path.
Gold prices fall over 26% from peak, recording steepest monthly decline since 2008, driven by stronger USD and Fed rate hike expectations.