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In November, Japan's consumer prices were believed to edge up fractionally for an 11th straight month, as a Reuters survey disclosed on Friday, pointing to reticence of consumer inflation notwithstanding the firm economy.
In November, the nationwide core consumer price index, including crude output but excluding volatile fresh food prices, tacked on 0.8% from 2016, staying intact from October's outcome, as the survey of 19 market experts discovered.
The rate of surge in utility costs speeded down, although the cost of crude products, including gasoline backed core consumer prices, as financial experts told.
In Tokyo, core consumer prices, available a month prior to the nationwide data, were believed to gain 0.7% in December from 2016 versus November’s 0.6% leap.
On Thursday, the Bank of Japan left its monetary policy intact. Governor Haruhiko Kuroda stressed the necessity to patiently pursue ultra-loose policy. However, inflation is still far from the BOJ's 2% goal notwithstanding a strengthening economy.
In 2019, China's massive property market is anticipated to speed down further, with smaller price leaps as well as diving home sales contributing to pressure on the world's number two economy, according to a Reuters survey…
In the third quarter, the Japanese economy shrank the most for more than four years due to the fact that Japanese companies reduced spending, thus threatening to affect the investment outlook next year because the export-reliant Asian country grapples…
Theresa May will present the Brexit deal to the Parliament on Tuesday. This event will probably shake the British pound. What are the other market movers for this week? Read and find out!
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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