Signals from the Federal Reserve
The Federal Reserve has already raised interest rates twice this year.
Japan manufacturers' mood goes down amid global uncertainty
In September, Japanese manufacturers' confidence declined for the first time for four months from last month’s decade-high level and it was supposed to dip further, suppressed by global uncertainty, as a Reuters survey disclosed.
The monthly survey, tracking the Bank of Japan's closely monitored quarterly tankan, discovered that the service-sector mood boasted its best outcome for more than two years, contributing to recent signs of revival in private consumption.
Versus three months ago, the Reuters Tankan's sentiment indexes for manufacturers as well as service sector companies was mostly intact, pointing to a firm reading in the key bank's approaching tankan due on October 2.
Firm tankan outcomes would back the BOJ's positive view on Japan's economy, supposed to continue its moderate surge having reported the sixth straight quarter of expansion through June.
As the BOJ's last tankan disclosed, in the June quarter big manufacturers' business confidence reached its highest value in more than three years.
Similar
Daily News: the USD has plunged
On Monday, the US dollar index plunged from 96.40 to 95.70.
Japanese companies welcome skilled foreign employees
The vast majority of Japanese companies back loosening the country's tough immigration system aimed at coping with a terrible labor shortage, although they appreciate skilled employees capable of fitting into the Japanese workplace, and not an invasion…
Popular
Japan February exports are seen surging at fastest pace since 2015
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
Asian shares tumble with Japan markets shut
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
Greenback surges as yields soar
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
Deposit with your local payment systems
