Japanese manufacturers' sentiment improves: Reuters Tankan survey

<p>Reuters Tankan survey findings:</p><ul><li>Sentiment at big Japanese manufacturers improved for a second straight month, plus 12 in December compared with plus 6 the previous month</li><li>auto sector continued to recover from last year's
semiconductor shortage and supply chain woes</li></ul><p>Its not all sunny though:</p><ul><li>the worsening state of China's economy and sluggish
sales of Japanese vehicles in the Chinese market remain sources
of concern</li></ul><p>The service sector index came in at plus 26</p><ul><li>from plus 27 in November</li></ul><p>***</p><p>Reuters Tankan is a monthly survey that seeks to track the Bank of Japan's tankan quarterly survey</p><ul><li>respondents spoke on the condition of anonymity
</li><li>Reuters Tankan indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive reading means optimists outnumber pessimists.</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.

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