Japanese Industrial Production Continues To Fall With Contraction of Global Economy

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  • #22606
    Helmholtz Watson
    Participant

    Japan’s preliminary industrial production for November came in…

    [article]1854[/article]

    #22607
    Helmholtz Watson
    Participant

    [b]Bank of Japan Governor Kuroda in Japanese parliament,Q&A
    [/b]
    Fiscal, monetary policy mix isn’t enough, deregulation and structural reforms also needed to heighten Japan’s long-term economic growth
    BOJ is conducting ultra-loose policy to hit its price goal, not to help govt fund spending
    Japan must ensure it maintains market trust over govt efforts to achieve medium-, long-term fiscal reform

    #22709
    TradersCom
    Keymaster

    Japan November preliminary machine tool orders -37.9% v -37.4% y/y prior

    via Japanese Machine Tool Builders’ Association

    Shows factory orders slump for Japanese manufacturing sector continues overall orders have dropped to just ¥81.7 billion – the lowest level since February 2013.

    The reading measures the change in total value of new orders placed with Japanese machine tool manufacturers.

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