That’s according to economic minister Akira Amari who is over here in London. He says economic growth has shown significant improvement. Japan will aim to achieve fiscal primary balance by 2020.
Just caught this as I was shutting down the PC. A Reuters survey of Japanese firms shows that early results from sales after the tax rise are steady on a year on year basis and nearly 50% have passed on … Continue reading
To support private demand led economy Told meeting that stock market somewhat volatile but financial markets reflect expectations for global economic recovery Comments are from a Japanese government official detailing a meeting with Kuroda USD/JPY taking some note and blasting … Continue reading
Expecting economy to recover steadily toward beating deflation Impact of sales tax hike within expectation and seen as temporary Vice economic minister Yasutoshi Nishimura on Reuters
capacity utilization m/m -2.6% vs +5.9% Out a few moments ago but little attention/impact made on these releases USDJPY still 102.18
first fall in 8 months +2.5 prev leading indicator -4.6 vs -3.9 exp vs +0.5 prev first drop in 6 months USDJPY down to 103.07 from 103.24 when I sat down as the Nikkei heads back toward the session lows … Continue reading