Aussie and Kiwi climbs on Japanese capital spending increase

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
Australian and New Zealand currencies appreciated versus Yen and US Dollar on news Japan's firms' capital spending surged to 5-year record high in the 4th quarter. Aussie strengthened 0.3% against Yen to JPY 87.34 and added 0.2% versus greenback to USD 1.0758. Kiwi also climbed 0.3% against Yen to JPY 67.88 and advanced 0.3% versus its US peer to USD 0.8363.
Back to articles

Actual Topics

Thu, 01 Mar 2012 07:44:19 GMT

Japanese firms' capital spending expanded more than expected in 4th quarter

Japanese firms' capital spending advanced to a 5-year record high in 4th quarter, signalling the world's third largest economy may be regaining momentum. Capital spending eliminating software climbed 4.9% on annual basis compared to a 11% drop in the 3rd quarter, said Finance Ministry. Reconstruction demand probably contributed most to capital spending expansion said Akiyoshi Takumori, Sumitomo Mitsui Asset Management chief economist.

Thu, 01 Mar 2012 07:17:30 GMT

Greece parliament votes in favour of welfare cuts

Greece's lawmakers approved reductions in health care and pensions to secure the second bailout funding and save the nation from default. 213 members of parliament supported the law while 58 lawmakers were against. The vote implies Greece has fulfilled most of its obligations demanded by EU and IMF. Finance Ministers will discuss the rescue package for Greece today in Brussels. 

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.