Business Sentiment in Japan Improves According to Reuters Tankan Survey
Japan Business Sentiment Improves as Reuters Tankan Survey Shows Rise in November
According to the recent Reuters Tankan survey, there has been an uptick in confidence among large Japanese manufacturers in November. This marked the first time that the index has improved since August, while the service-sector mood rose for a second consecutive month. The manufacturers’ sentiment index rose to +6 in November as opposed to +4 in October, and the service-sector index climbed to +27 from +24 the previous month. The survey highlights a patchy economic recovery and a challenging outlook for Japan manufacturers and mirrors a similar improvement seen in the Bank of Japan’s closely watched quarterly tankan survey. A positive figure means that optimistic respondents outnumber pessimists, and vice versa.
— Shreyashi Sanyal
Investment Insights from CNBC Pro: Stocks to Benefit and Lose from Wellness Trend
CNBC Pro: These are the stocks that will benefit — and lose out — from the wellness trend, Morgan Stanley says
Morgan Stanley highlights a “global shift to wellness” that has taken place, impacting not only consumers but also governments. Beyond the effects of the Covid-19 pandemic, this trend encompasses fitness, nutrition, appearance, sleep and mindfulness. CNBC Pro provides insight into the stocks that Morgan Stanley expects to be positively and negatively affected. Subscribers can read more here.
— Weizhen Tan
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