Japans Manufacturer Sentiment Unexpectedly Gains

The video discusses the results of a CAN survey, highlighting an improvement in business sentiment with a headline number of 13, surpassing the expected 10. It also covers the upgrade in Industry CapEx to 8.6% and forecasts for the yen, which is expected to be at 100.73 by year-end. The impact of these forecasts on exporters and importers is analyzed, with a focus on industries with varying levels of business confidence, such as construction and machinery, versus those facing challenges like pulp and paper due to import costs and oil prices.

Which industries showed the highest level of business confidence?

What factors are affecting the industries with the lowest business confidence?