Page 1 of 2 12 LastLast
Results 1 to 10 of 12
  1. #1
    Legendry Member milos's Avatar

    Financial news in Japan !!!

    The number of new houses in Japan rose in the third quarter to 14.1% from 7.1% in the previous quarter. Economists had expected growth of 9.2% in the last quarter.
    Last edited by milos; 12-26-2013 at 09:31 AM.

  2. #2
    Legendry Member milos's Avatar
    Click image for larger version. 

Name:	yen.jpg 
Views:	19 
Size:	96.5 KB 
ID:	1183

    The Japanese yen fell against the dollar and the euro to its lowest level since October 2008. It is expected that the Bank of Japan to expand its stimulus program in the coming months, in order to meet its target of 2% inflation by 2015 year. Deflation has not completely gone.

    Forex USDJPY trades recorded during the previous peak of 104.84, and subsequently consolidated at 104.68. EURJPY rose to 143.52 and it consolidated at 143.30.

  3. #3
    Legendry Member milos's Avatar
    Industrial production in Japan rose in November by 0.1% after increasing 1.0% in the previous month, while analysts had forecast growth of 0.4%.

    Retail sales also grew at a rate of 4.0% from 2.4% in the previous month. Economists had expected growth rate of 2.9%.

    Japanese average earnings rose in the third quarter to 0.5% from minus 0.1% in the previous quarter, while analysts expect growth to 0.4%.

    Households' consumption fell in November to 0.2% from 0.9% the previous month. Economists had predicted growth to 1.9%.

    Japan's National Core consumer price inflation rate rose in November to 1.2% from 0.9% the previous month. Economists had forecast growth at 1.1% during the last month.

    Tokyo's main consumer price inflation has also risen over the last month to 0.7% from 0.6% the previous month, which was in line with expectations.
    Last edited by milos; 12-27-2013 at 11:26 AM.

  4. #4
    Rookie Member Jacob's Avatar
    Those are interesting news...
    Maybe its time to start USD/JPY trading

  5. #5
    Legendry Member milos's Avatar
    Japanese yen in 2014 years with high probability will continue to slim.The national currency has weakened against the dollar by almost 25%.

    Japan will continue to weaken the exchange rate of its currency more because programs to help the economy essentially failed.

  6. #6
    Legendry Member milos's Avatar
    Japan's monetary base fell in January to 46.6% from 52.5% in the previous month. It is expected a rise to 55.5%.

  7. #7
    Legendry Member milos's Avatar
    Japanese index of leading economic indicators rose in December to 110.8 points from 109.8 in the previous month, while economists had expected growth to 110.9 points.

  8. #8
    Legendry Member milos's Avatar
    Japan's service sector sentiment index rose in December to 55.7 points from 53.5 in the previous month. Economists had expected a rise to 54.2 points.

    Japan's current account recorded a deficit 582 billion yen in November while analysts had predicted a deficit of 380 billion yen.

  9. #9
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by milos View Post
    Japan's service sector sentiment index rose in December to 55.7 points from 53.5 in the previous month. Economists had expected a rise to 54.2 points.

    Japan's current account recorded a deficit 582 billion yen in November while analysts had predicted a deficit of 380 billion yen.
    those are seemingly at odds with each other in terms of yen value. Improving economic data should firm yen value while account deficits are weak and could lead to more yen printing. What do you think Milos?

  10. #10
    Legendry Member milos's Avatar
    Quote Originally Posted by Michael Hodges View Post
    those are seemingly at odds with each other in terms of yen value. Improving economic data should firm yen value while account deficits are weak and could lead to more yen printing. What do you think Milos?
    Hi Michael,

    Japanese M2 money supply fell unexpectedly in December to 4.2% from 4.4 the previous month, while analysts expect growth to 4.5%.

    Yen will be printed more.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
3