If you are looking for a good headline, check this out from Japan's econmimc data out today:
DO NOT click on the link if you'd like to remain cheerful. Its the ugliest good news ever! Headline is great but sheesh …
Anyway, over to Japan's economy minister Motegi:
- Japan's economic fundamentals remain sound, supported by domestic demand
- Japan exports slowing, output remains weak mainly among manufacturers due to China's economic slowdown
- No change to uptrend in domestic demand
- Govt will carefully watch impact of trade woe, market moves on global economy
- Some manufacturers delaying capital spending, leading to decline in capex
