Naomi Fink, Chief Global Strategist at Nikko Asset Management, comments on the Bank of Japan’s latest Tankan outlook - Wealth DFM
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Naomi Fink, Chief Global Strategist at Nikko Asset Management, comments on the Bank of Japan’s latest Tankan outlook - Wealth DFM
“The June 2025 Tankan report was unexpectedly resilient, with large manufacturers showing a small improvement in sentiment (13 vs. 12 prior) and maintaining their outlook (12, same as prior.) The non-manufacturing index decreased modestly from 35 to 34. Even the small manufacturers index surprised on the upside, falling from 2 to 1, versus an expectation of -1 published in the March 2025 Tankan. The overall picture is one of unexpected resilie…
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