Ahead of Tankan

Market news

8 December 2010

Ahead of Tankan

JiJi Press reminding that the December Tankan report is due for release on the 15th of the month and says its survey of private forecasters shows that expectations are that the DI for large manufacturers will fall to +3 from the +9 reading of the September Tankan, the first fall in the index in seven quarters, if realized.

RESERVE BANK OF NEW ZEALAND: Leaves the OCR unchanged at 3.0%, as expected.

Dow +6.70 at 11365.86, Nasdaq +8.69 at 2607.18, S&P +2.77 at 1226.52

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