Forex | Forex | Tankan weaker than expected. ISM in focus today (01/07/2009 07:16:10)

Tankan weaker than expected. ISM in focus today

Key news US equities lower, steeper yield curve and stable FX markets Tankan weaker than expected. ISM in focus today Markets Overnight The Japanese Tankan index published this morning showed improvement, but not as much as the market had expected. Continued improvement in these sentiment indices is crucial, not least for the performance of equity markets . Yesterday saw a rather feeble session in the US as S&P500 dropped by 0.9% and Nasdaq shed 0.5%. So far this morning Asian equity


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