Japan Tankan All Big Industry CAPEX For Q3 13.6% Vs. 13.6% Est.; 13.4% Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's Tankan All Big Industry CAPEX for Q3 has been reported at 13.6%, matching the estimated figure and showing a slight increase from the previous quarter's 13.4%.
October 02, 2023 | 4:54 am
News sentiment analysis
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NEUTRAL IMPACT
The reported CAPEX figure, which matches estimates, may have a neutral impact on BBJP as it indicates a stable economic environment in Japan.
BBJP, being an ETF that tracks the performance of the Japanese market, may be influenced by the overall economic indicators such as the CAPEX. The matching of the estimated and actual figures indicates stability, which is generally positive, but since it was expected, the impact is likely to be neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The reported CAPEX figure, which matches estimates, may have a neutral impact on DXJ as it indicates a stable economic environment in Japan.
DXJ, being an ETF that tracks the performance of the Japanese market, may be influenced by the overall economic indicators such as the CAPEX. The matching of the estimated and actual figures indicates stability, which is generally positive, but since it was expected, the impact is likely to be neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The reported CAPEX figure, which matches estimates, may have a neutral impact on EWJ as it indicates a stable economic environment in Japan.
EWJ, being an ETF that tracks the performance of the Japanese market, may be influenced by the overall economic indicators such as the CAPEX. The matching of the estimated and actual figures indicates stability, which is generally positive, but since it was expected, the impact is likely to be neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70