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In September, Japan's export surge slowed for the first time in three months, as official data reported on Thursday. It’s an evident sign that overseas demand for Japanese goods might be taking a breather.
The 14.1% year-on-year soar in exports turned to be less than the median forecast for a 14.9% surge and also less than August’s 18.1% leap that was the fastest surge for nearly four years.
Market experts actually expect Japan's exports to start ascending at a faster tempo because demand for Japanese goods picks up on the way to the year-end shopping season. Another reason is that a dipping yen enhances export competitiveness that should back economic surge.
Some experts state that the given slowdown in export surge is temporary. According to data measuring manufacturing activity in overseas economies, the world’s number three economy happens to be in the middle of an expansionary stage. Exports are going to keep backing the country’s economy, as financial analysts hope.
In December, a major measure of American producer prices suddenly slumped and the overall gauge went down more than predicted in the face of lower crude prices, indicating that potential inflation pressures in the American economy are still there…
The level of British consumer price index (CPI) will be released on January 16 at 11:30 MT time.
In November, euro zone industrial output reported its greatest dive for almost three years, as follows from data uncovered on Monday…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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