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The Bank of Japan released its quarterly Tankan business survey on late Sunday evening. The large manufacturers' index remained unchanged at +12 in the fourth quarter, beating expectations for a fall to +11. Confidence was driven by record-high profits of companies.
The outlook fell to +7 in the fourth quarter from +10 in the third quarter.
The large non-manufacturers' index remained unchanged at +25 in the fourth quarter, beating expectations for a decline to +23.
The outlook decreased to +18 from +19.
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