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In the October-December quarter large Japanese manufacturers became more optimistic as for economic conditions, as a government poll disclosed on Monday, which is in another positive sign for the Japanese economy on a record run of surge.
The business survey index of sentiment at large manufacturers kept to +9.7, gaining from +9.4 in July-September, as follows from the joint poll by the Ministry of Finance and the Economic and Social Research Institute.
The market mood was improved by a weaker yen as well as a 12% leap in the Nikkei 225 stock average since last survey period. Meanwhile, sales and revenues gained driven by car manufacturers and producers of electronic parts for smartphones.
The outcomes emerged before the BOJ’s "tankan" poll of corporate sentiment expected on Friday. It’s believed to demonstrate confidence among leading producers at its highest value in more than a decade.
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!
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
Saudi Arabia agreed to cut oil production. What will happen with the oil price now?
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
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.
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