Crypto news-flash: According to Reuters, Japan’s latest Tankan survey shows that manufacturing sentiment remains stable, supported by strong demand for semiconductors and AI servers, even as confidence in the services sector weakens due to cost pressures. The manufacturing index stayed unchanged in June at +13, while the non-manufacturing index fell from +32 to +25. The survey indicates that manufacturers are optimistic about the semiconductor market’s recovery, and orders for electronic components are rising broadly. Despite a temporary agreement between the United States and Iran, ongoing uncertainty from the Middle East conflict continues to weigh on services sentiment.

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TurtleCompound
· 7h ago
This investigation in Japan is pretty interesting: on one hand, AI chip demand is booming; on the other, the service industry is being squeezed from both sides by high energy costs and the situation in the Middle East, and structural divergence is becoming increasingly evident.
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ChartArchaeologist
· 7h ago
The Tankan data is out: manufacturing rose by 13 unchanged, while non-manufacturing fell back to +25. Chipmakers’ orders are increasing, but uncertainty in the Middle East still hangs over the services sector.
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