(Reuters) - Traders will await the BOJ tankan as well as industrial
output and core inflation data due later this week for clues to
the timing of the central bank's next interest rate hike, which
is expected to come in the July-September quarter, most likely in
August.
Shoko Chukin's survey produced a reading of 48.4 in the
diffusion index measuring business sentiment, down 0.9 point
from the previous month and below the key threshold of 50 for the
third straight month. The DI is forecast at 49.7 in July.
Read more at Reuters.com Economic News
output and core inflation data due later this week for clues to
the timing of the central bank's next interest rate hike, which
is expected to come in the July-September quarter, most likely in
August.
Shoko Chukin's survey produced a reading of 48.4 in the
diffusion index measuring business sentiment, down 0.9 point
from the previous month and below the key threshold of 50 for the
third straight month. The DI is forecast at 49.7 in July.
Read more at Reuters.com Economic News
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