Asia-Pacific markets opened mixed Wednesday, following gains on Wall Street ahead of a potential U.S. government shutdown as lawmakers continue to wrangle over details of a second temporary spending bill.
Over in Japan, the Bank of Japan released the results for its third-quarter Tankan survey. The Tankan survey measures business sentiment among Japanese companies, and is closely watched by the BOJ.
The index for business optimism among large Japanese manufacturers increased to +14 for the third quarter from +13 in the previous quarter, but was lower than the +15 expected by economists polled by Reuters. The non-manufacturing index held steady at +34.
A positive figure on the Tankan indicates that optimists outnumber pessimists, and vice versa.
Investors in Asia will also look toward the Reserve Bank of India’s rate decision later Wednesday.
