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 role has the BOJ played in supporting corporations during the crisis?

How has the perception of the Japanese yen's strength changed over the past year?