Retail sales tax could curb Japan's economic growth in 2014

Note: This section contains information in English only.
Source: Bloomberg
Japanese PM Yoshihiko Noda may harm country's economic growth by allowing to implement higher sales tax. The drop in consumption is very likely even though tax increase will help to tackle nation's debt burden. The lower house of Japanese parliament yesterday approved a motion to lift sales tax from current 5% to 8% and then to 10%. Analysts warn the tax increase could lead to a growth slump similar to that in 1997.
Back to articles

Actual Topics

Wed, 27 Jun 2012 07:33:20 GMT

US home value added 1.3% in April

US home prices surged 1.3% in April and posted the first monthly advance since autumn 2011. S&P/Case-Shiller index that encompasses 20 US cities added 1.3% with 19 cities out of 20 reporting gains. Home values declined only in Detroit. On yearly basis index has deteriorated from 2.6% to 1.9%. 

Wed, 27 Jun 2012 07:44:18 GMT

Draghi considers cutting interest rate to zero

The President of ECB Mario Draghi might consider lowering its deposit rate to from 0.25% to zero or even lower as the region is moving deeper into recession. Federal Reserve resisted cutting its interest rate of 0.25% last year. Julian Callow at Barclays Capital suggests that cutting deposit rate to zero is likely to be the first move of ECB

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.