Japan’s Tankan Survey Shows Improving Sentiment

The video discusses the economic improvements seen in the latest quarter, driven by global trade led by Asia and vaccine developments. Despite these positive signs, there remains significant pessimism, especially among smaller firms, and uncertainty due to record infections. The BOJ's COVID support program has been effective, reducing bankruptcies significantly. However, investment plans remain low, indicating cautious corporate sentiment. The video also explores the impact of the Japanese yen's value on economic expectations, noting a shift in comfort levels due to COVID-19.

What is one of the positive factors contributing to the improved sentiment among big manufacturers?

• Reduction in government stimulus

• Increase in pessimism among smaller firms

• Decrease in global trade

• Vaccine development

How has the BOJ's COVID support program impacted bankruptcy rates?

• Decreased bankruptcies by over 20%

• No change in bankruptcy rates

• Bankruptcies doubled

• Increased bankruptcies by 20%

What is one of the measures included in the BOJ's COVID support program?

• Decrease in government spending

• Reduction in interest rates

• Corporate bond buying

• Increase in taxes

How has the perception of the 104 yen level against the US dollar changed over the past year?

• It is seen as more alarming now

• It is seen as less significant

• It is considered more comfortable now

• It has remained the same

What is the current trigger point for the BOJ regarding the dollar-yen exchange rate?

• 110

• 100

• 104

• 995