JAPAN DATA: Japan’s coincident composite index (CI), which reflects current
business conditions, is expected to post a sixth straight drop in September,
indicating that the economy may be already in a downward cycle,
economists said. The Cabinet Office will release the Indexes of Business
Conditions at 1400 JST on Tuesday, Nov. 6 (0500 GMT). The September coincident
CI will fall about 2.5 points to 91.0, a sixth consecutive monthly drop after
-0.3 point in August, according to economists polled by MNI. The government is
expected to revise down its assessment based on the coincident CI, saying the
index shows the economy is at a “possible turning point” toward a slump.
Featured Videos