Japan Dec. economy watcher sentiment tumbles amid resurgent pandemic

Business sentiment among workers with jobs sensitive to economic trends in Japan tumbled in December, as the country faces a resurgence in novel coronavirus infections, government data showed Tuesday. The diffusion index of confidence in current conditions compared with three months earlier among “economy watchers” such as taxi drivers and restaurant staff fell 10.1 points from November to 35.5, down for the second straight month following an 8.9 point drop in the previous month, according to the Cabinet Office. The latest monthly decline was the sharpest since a 13.2 percent fall was logged i…

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HEDGE accordingly