ING Group: Japanese corporate confidence remains robust, and the timing of the Central Bank's interest rate hike may await the implementation of the US-Japan trade agreement.
According to the Gate News bot, reported by Jin10, the latest second quarter Tankan survey released by the Central Bank of Japan shows that despite the uncertainties brought about by trade frictions, both large and small enterprises in Japan have maintained an overall optimistic attitude. The confidence of manufacturing enterprises is particularly stable, with its business sentiment index continuing to remain positive, and the manufacturing Purchasing Managers' Index (PMI) has risen back into the expansion zone for the first time in 12 months, confirming this trend.
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