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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: TH who wrote (26704)	3/31/2005 7:20:49 PM
From: mishedlo	Read Replies (1) of 116555

Tokyo stocks open lower after disappointing tankan Friday, April 1, 2005 12:04:05 AM reuters.com TOKYO, April 1 (Reuters) - Japan's Nikkei share average fell 0.67 percent at the opening on Friday as a weaker reading than expected in the Bank of Japan's quarterly tankan survey of business sentiment caught investors off guard. The March tankan showed that sentiment deteriorated, with the diffusion index of large manufacturers falling to plus 14 from plus 22 in the previous survey. That compared with economists' median forecast of plus 23.

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