
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
Japan's average land prices managed to surge for the first time for 27 years in the year to July 1 because an influx of foreign tourists stimulated demand for shops and hotel properties. That’s what a government poll disclosed on Tuesday.
As a matter of fact, commercial land prices tacked on for a second straight year, while the tempo of the dive in residential land prices speeded down for a ninth consecutive year, according to the land ministry's annual poll.
By the way, land prices appear to be a major gauge to estimate how much Japan asset prices have revived after a long period of deflation.
The recovery in Japanese salaries as well as employment, not to mention low interest rates backed the recovery.
The poll disclosed that nationwide average land prices managed to rally by 0.1% in the year to July 1, which is the first jump since 1991, exactly when a real estate bubble had burst.
Besides this, commercial land prices managed to gain 1.1% following a 0.5% rally in 2017, led by a tourism boom as well as redevelopment of urban areas. Firm corporate profits spurred demand for offices, as the poll revealed.
As for residential land prices, they went down by 0.3% in contrast with the previous year's 0.6% slump.
Industrial land prices jumped by 0.5%. It also appears to be the first ascend for 27 years. It became possible because of demand for large-scale logistics facilities.
In Osaka, Nagoya, and Tokyo average land prices surged by 4.2%, speeding up from 3.5% in 2017.
Japan’s authorities have an objective of up to 40 million foreign visitors by 2020, when this Asian country is expected to host the Summer Olympic Games. Eventually, the number leapt by 19.3% hitting a record 28.7 million last year.
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
The US Consumer sentiment will shake the market today. We are back with more news for you to enjoy!
Today, the US Inflation release at 15:30 GMT+3 will determine the further destiny of the major pairs and gold. The event is highly impactful, as the Federal Reserve will make decisions regarding further rate hikes based on it. Also, we brought you some news about XAUUSD and GBPUSD. Stay tuned!
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.