2020 Olympics & The Japanese Economy
With the 2020 Olympics kicking off after a year-long delay, just how much of a [...]
Trading news
Japan's core machinery orders to -1.4%
Japan
Japan's core machinery orders climbed from -11.0% to -1.4% and did not meet the economists' and the analysts' estimations for appreciation to 2.6%.
Japan struggles to sustain growth
The drop in Japan's machinery orders, for the month of May, is an indication that the nation struggles to attract investment for sustaining growth, as well as deal with the erosion of corporate profits and weak demand.
Shinzo Abe, Prime Minister, is under pressure amid the weaker capital expenditure and the urgent steps needed for boosting growth.
Read More
Monday, 11 Jul, 2016 / 9:28
Trading news
Fed, Inflation, And The Housing Bubble
Yesterday, the US’ second-largest homebuilder, D.R. Horton, announced [...]
Stormy week ends with US stocks at record highs
Nasdaq 100 closes at new record as investors warm up to tech [...]
