Reuters Tankan report for February shows a drop for services, slump for manufacturing ...Middle East

Reuters Tankan report: Manufacturers' February sentiment index -1, vs. +6 in Januaryfirst negative in 10 months Service-sector index +26, vs. +29 in JanuaryManufacturing index is forecast to +6 in May, while services is expected to drop to +23---Reuters Tankan is a monthly survey that seeks to track the Bank of Japan's tankan quarterly surveyRespondents spoke on the condition of anonymity. Reuters Tankan indexes are calculated by subtracting the percentage of pessimistic respondents from optimistic ones. A positive reading means optimists outnumber pessimists. This article was written by Eamonn Sheridan at www.forexlive.com.

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