New Zealand economy growth reaches seven-year high

Note: This section contains information in English only.
Source: Bloomberg
New Zealand's GDP grew 3.5% during the final three months of 2014, outperforming the median expectation of 3.4%. An unexpected acceleration took place due to a boost in tourist spending, as well as last week Bank of New Zealand's decision, to maintain interest rates unchanged. Governor Graeme Wheeler reckons that robust GDP growth will eventually translate into higher levels of inflation.
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Thu, 19 Mar 2015 12:53:06 GMT

Japanese shares lose value on bullish Yen

Japanese stocks posted a strong decline, as the Asian currency benefited from broad weakness in the US Dollar. Topix lost 0.4% to trade at 1,575.81, while Nikkei 225 dropped 0.4% to 19,476.56. Meanwhile, the Yen traded at the 120.52 level versus the Dollar after a harsh 1% advance on Wednesday.

Wed, 18 Mar 2015 22:27:03 GMT

Japanese export exceeded forecasts, reaffirming economic recovery

Japanese export rose more than expected in the preceding month, eliminating the effect of the previous year's recession. The total amount of overseas shipments advanced 2.4%, compared to the median estimate of a 0.3% increase. Imports dropped 3.6%, but there is still a 424.6 billion yen trade deficit.

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