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Japan's Manufacturers See Boost Amid Tariff Concerns

7/1/2025

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Japan's Manufacturers Improve

Business sentiment among Japan's large manufacturers has seen a modest uptick, with the Bank of Japan's tankan survey index climbing to plus 13. Despite lingering worries over U.S. tariffs on autos, a weak yen is providing a boost for exporters. Meanwhile, the unemployment rate holds steady at 2.5%, with potential interest rate hikes on the horizon.

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Philippines' Business Confidence Plummets

Business sentiment in the Philippines took a hit in Q2, with confidence plummeting to 28.8% due to worries over U.S. tariffs and economic instability. Despite this, the Bangko Sentral ng Pilipinas remains cautiously optimistic for the coming year, as consumer sentiment shows a glimmer of hope for Q3, fueled by rising expectations for income and job growth.

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Japan's Manufacturers Improve

Business sentiment among Japan's large manufacturers has seen a modest uptick, with the Bank of Japan's tankan survey index climbing to plus 13. Despite lingering worries over U.S. tariffs on autos, a weak yen is providing a boost for exporters. Meanwhile, the unemployment rate holds steady at 2.5%, with potential interest rate hikes on the horizon.

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