Capital spending grew by 3.5% in Japan

Source: Bloomberg

With the increase of Japan's capital spending by 3.5%, the more likely are the chances for the country's successful rehabilitation from the earthquake in 2011. In addition, other factors contributing to Japan's recovery are stable exports to the U.S. as well as the revival of the country's key companies. Consequently, coupled with the European crisis and anxiety regarding Greece's exit, the yen is growing in popularity as a safer option.

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