Japanese PM Abe will hold a news conference at 6pm Tokyo time (0900GMT). That’ll be for the election announcement – make it all official like.
HSBC has cuts its GDP growth estimate for Japan and say three is more easing to come in 2015 Revises down its estimates on Japan’s real GDP growth to 0.3% from 0.9% for 2014 To 0.6% from 1.0% for 2015 … Continue reading
Japan – NHK reports that ‘Japan government finds funds to cover 2.5% corporate tax cut Headlines on Bloomberg – Hmm … OK, so the Japanese government has found the funds to finance a 2.5% corporate tax cut? I’m sure the … Continue reading
Earthquake shakes buildings in Tokyo, No tsunami warning issued – NHK NHK reports northern Japan earthquake Preliminary magnitude of 5.3 Headlines via Reuters More: Struck off the coast of Fukushima prefecture Tepco says no irregularities at Fukushima Daiichi, Daini power … Continue reading
JAPAN Markit/JMMA Manufacturing PMI for November (flash reading), expected 52.7 prior was 52.4 Key points from the report: Moderate improvement in business conditions in November Flash Japan Manufacturing Output Index at 53.5 (51 .3 in October). Output growth accelerates to … Continue reading
Trade balance for October: Y -710.0bn … deficit narrows from previous month expected Y -1027.0bn, prior was Y -960.6bn Trade balance (adjusted) for October: Y -977.5bn expected Y -1100bn, prior was Y -1070.1bn Exports y/y: +9.6% – rising at the … Continue reading