Japan tankan large manufacturing dropped to -34, worst since 2009

<p>BoJ’s Tankan large manufacturing index dropped to -34 in Q2, down from -8, hitting the lowest level since 2009. That’s also worse than expectation of -31. Manufacturing outlook for September dropped to -27. Large non-manufacturing index dropped to -17, slightly better than expectation of -18. Non-manufacturing outlook also dropped to -14, but beat expectation of […]</p>
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