Japan economic system minister Akazawa is cautious concerning the sturdy GDP consequence. ps. Yen nonetheless rising.

Earlier posts on the sturdy information:

Japan This fall GDP surges to +2.eight% annualized (from +1.zero% anticipated), deflator hits 2.eight% – yen up

USD/JPY traded below 152.00 after the very sturdy This fall financial progress information

Japan economic system minister Akazawa on GDP:

• Count on economic system to proceed making modest restoration
• Should be conscious of abroad financial draw back danger together with China and impression from US coverage
• Should be conscious that rising costs of meals and different each day merchandise could dampen shopper sentiment and sluggish consumption
• Authorities will implement thorough measures to counter rising costs

Yen is carrying on with its rise:

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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