Trading news

Japan's July exports weaken the most

Japan's July exports dropped the most, having recorded the fastest declination since the worldwide economic crisis, as the recent weakness in the global economies and the rise of the yen placed tremendous pressures on the shipments overseas.

Japan relies on domestic demand

The nation's government is now relying mostly on domestic demand.

The exports in July faced an annual decrease of 14.0%, thus matching the median estimations of the economists and the analysts. Such a drop was the fastest one since October 2009.

Moreover, the Japanese nation's exports recorded the longest consecutive losing streak, for the last ten months or so, amid the economists worrying that such weakness could add more into the current global economic uncertainty.

Read More

Thursday, 18 Aug, 2016 / 8:31

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/japan-s-july-exports-weaken-the-most

Trading news

 

AUD/JPY: Is it going to produce a Morning Star?

AUD/JPY produced two consecutive bullish candles in the daily chart. The H4 [...]

Posted on Thursday, 13 Aug, 2020 / 11:58 under

GBP/USD Breaking out of Symmetric Triangle Pattern - Trade Idea!  

The GBP/USD pair was closed at 1.30311 after placing a high of 1.30674 and a [...]

Posted on Thursday, 13 Aug, 2020 / 11:45 under

Gold Sideways Trading Continues - Things You Need to Know! 

The yellow metal prices stopped its previous day sharp declines and recovered [...]

Posted on Thursday, 13 Aug, 2020 / 11:33 under