On Friday, the Bank of Japan is set to unveil the findings of its quarterly Tankan survey, which assesses economic sentiment. This release is one of the few significant economic events scheduled for the Asia-Pacific region for the day.
The index for large manufacturers is anticipated to maintain a score of +13, with an outlook of +14, reflecting no change since the previous survey. The index for small manufacturers, however, is expected to drop to -2 from 0 in the preceding quarter.
Capital expenditure for large industries is predicted to increase by 9.6%, a slight decrease from 10.6% in the third quarter. Meanwhile, capital expenditure for small industries is expected to rise by 3.5%, up from 2.6% in the previous quarter.
Additionally, Japan is set to release the final figures for industrial production in October, with projections indicating a 3.0% month-on-month increase, improving from a 1.6% rise the month before.
The material has been provided by InstaForex Company - www.instaforex.com
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