Japan's confidence is expected to weaken in September

Note: This section contains information in English only.
Source: Bloomberg

Bloomberg News survey estimates that the Japanese business confidence will decline to minus 4 in a report on October 1 by the Bank of Japan. This pessimistic prediction is based on China's slowdown and European crisis, which pulled Japanese exports down, making the central bank to announce quantitative easing this month.

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Wed, 26 Sep 2012 10:59:25 GMT

The greenback edged down versus the Yen in European trade

On Wednesday, the U.S. Dollar declined versus the Japanese Yen during European trading hours. USD/JPY was traded at 77.72 at 7.:34 a.m. London time, which was a 0.10% decline for the session. The pair's support was likely to be found at 77.66, a Tuesday's low, while the resistance was prone to be at 78.37, a Friday's high.

Wed, 26 Sep 2012 10:37:25 GMT

Swedish economic confidence declines in September

Swedish economic confidence tumbled more than estimated in September, National Institute of Economic Research said on Wednesday. The index dropped to 95.8, compared to 96.9 in August and below economists forecast of 96.5. Consumer sentiment slipped to 2, compared to 5.4 in the preceding month, while economists estimated a reading of 5.

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