Japan big manufacturers' mood turns positive - BOJ tankan

TOKYO | Mon Jul 1, 2013 7:49am BST
(Reuters) - Japanese manufacturers' sentiment turned positive in the three months to June for the first time in nearly two years, a closely-watched central bank survey showed, a sign the recent market turbulence has yet to hurt the feel-good mood created by the government's reflationary policies.

Robust private consumption also lifted service-sector sentiment, boding well for the Bank of Japan's plan to end 15 years of grinding deflation and achieve its 2 percent inflation target in two years through aggressive monetary stimulus.

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