Japan's fiscal balance improving as the economy improves
The Japan's fiscal balance has improved significantly from -8.9% of GDP in Q2 2012 to -4.7% in Q4 2014. This primarily reflects an increase in tax revenue driven by the recovering economy. Any austerity policies such as …
The Japan's fiscal balance has improved significantly from -8.9% of GDP in Q2 2012 to -4.7% in Q4 2014. This primarily reflects an increase in tax revenue driven by the recovering economy.
Any austerity policies such as tax increases will pose a downside risk to Japan's expanding monetary economy, which may delay progress towards a complete exit from deflation.
Considering the risk of Japan being unable to fully exit from deflation, Prime Minister Shinzo Abe's decision to postpone the second CT hike from October 2015 to April 2017 was most favurable.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
