• Bloomberg


The Bank of Japan’s “tankan” survey is likely to show large manufacturers have become less pessimistic, adding to signs of an economic revival that will bolster the case for capping stimulus measures this year.

The quarterly index of business sentiment will rise to minus 1, the best reading since September, according to the median forecast in a survey of 20 economists. The gauge was at minus 4 in December, with the negative number meaning pessimists still outnumber optimists. The tankan is due April 2.

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