Small font size A Larger text size A Largest text size A

Japan big manufacturers' sentiment steady in Q3, BOJ tankan shows

BY Reuters | ECONOMIC | 09/30/24 07:53 PM EDT

TOKYO, Oct 1 (Reuters) - Japanese big manufacturers' business sentiment was steady in the three months to September compared with the previous quarter, the Bank of Japan's closely watched tankan survey showed on Tuesday.

The headline index for big manufacturers' sentiment stood at +13 in the third quarter, matching economists' estimate in a Reuters poll, the September tankan survey showed.

The survey also showed big firms plan to raise their capital spending by 10.6% in the financial year to March 2025, versus a median forecast for an 11.9% increase. (Reporting by Makiko Yamazaki Editing by Chang-Ran Kim)

More Fixed Income News

BOJ produces estimates on how future rate hikes affect earnings BY Reuters |ECONOMIC 12/26/24 10:23 PM EST
BOJ produces estimates on how future rate hikes affect earnings BY Reuters |ECONOMIC 12/26/24 10:20 PM EST
Asian stocks drift, yen at 5-month low in thin year-end trading BY Reuters |ECONOMIC 12/26/24 09:00 PM EST
Inflation in Japan's capital accelerates, keeps rate hike prospects intact BY Reuters |ECONOMIC 12/26/24 08:20 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article