Euro Stoxx 600 advanced 1% on gains in commodity shares

The pan-European Euro Stoxx 600 index strengthened on Thursday on account of the gains in the commodity and energy shares in the major European bourses.
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JPY: Tankan survey dampened easing expectations from BoJ - MUFG

Lee Halpenny, Currency Strategist at MUFG, suggests that the Tankan survey is unlikely to materially reinforce the case for further monetary easing from the BoJ on its’ own although expectations are likely to continue to build given ongoing weakness in the hard economic data which has increasingly provided evidence that Japan’s economy may have entered technical recession in Q3.
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