BoJ official: No clear voices from firms citing impact of US trade policy on capex plans
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The Bank of Japan (BoJ) official commented early Tuesday that firms see no clear impact from US trade policy on capex plans.
Key quotes
Japan big manufacturers sentiment index hits highest level since December 2024.
Japan big non-manufacturers' sentiment index hits lowest level since December 2024.
Some automakers cited impact of US trade policy, while others noted profit improvement due to pass-through of costs.
Firms see no clear impact from US trade policy on capex plans.
Market reaction
At the time of press, the USD/JPY pair was down 0.24% on the day at 143.70.
Reviewed byJane Zhang
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