Consumer confidence in Japan falls to the weakest since December 2011

Source: RTT News
© Scanpix/AFP
According to the Cabinet Office, consumer confidence in Japan fell marginally from 39.7 in the previous month to 39.4 in November, the weakest level since December 2011. The confidence index for employment dropped to 36.8 in November from 37.2 in October, and the gauge for consumers' willingness to purchase durable goods fell to 41.4 from 41.8. 

"It's likely that Japan's economy hit bottom in the last quarter," said Shuichi Obata, Economist at Nomura Securities. "The new government will aim to have solid growth by the middle of next year as they have to decide whether to raise the sales tax or not."
Back to articles

Actual Topics

Mon, 10 Dec 2012 15:53:49 GMT

Greece extends buyback deadline on December 11

The Greece's debt buyback was extended by one day from the earlier last Friday deadline to the new deadline set on December 11, in order to meet the buyback target of 30 billion euro as a precondition of the country's creditors to approve the next financial package for the debt-burdened economy. Media in Greece reported the country received 27 billion

Mon, 10 Dec 2012 16:05:37 GMT

Silver gains on hopes Fed will stick to loose policy

Precious metals rallied on Friday, boosted by mounting speculation that the Fed will stick to its monetary policy despite recent better-than-expected economic data from the US.  At the same time, greenback managed to appreciate against its major counterparts, weighting on the commodity  group.Gold climbed as market participants bet the Fed would continue its loosening monetary policy as the US economy

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.