Japan Tankan Non - Manufacturing Outlook 17 in 4Q

Japan's Tankan results for Q4 were mostly upbeat. Key results saw Tankan Large Manufacturing Index coming at 16 vs 15 exp and 12 last, with Tankan Large Manufacturing Outlook at 14 vs 17 exp and 11 last. As per Tankan Large Non-Manufacturing Index, it stood at 20 vs 16 exp and 14 last, and Tankan Large Non-Manufacturing Outlook down at 17 vs 19 exp and 14 last. Lastly, Tankan Large All Industry Capex saw a reduction to 4.6% vs 5.5% exp and +5.1% last.