EconWatch.com > Japan Economy
[Armoks News] Deflation tightened its hold on Japan in November and the unemployment rate rose for the first time in four months, as the world's second-biggest economy struggles to stage a convincing comeback. The unemployment rate climbed to 5.2 percent, reversing an improvement to 5.1 percent in October, the government said Friday.
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[Washington Examiner Site Feed] Japan's jobless rate up in November amid worsening deflation ...: Declining prices, which plagued Japan during its "Lost Decade" in the 1990s, can hamper economic growth by depressing company profits, sparking wage cuts and causing consumers to postpone purchases. It also can increase debt burdens.
[LiveTrade.com] Japan jobless rate up in November, prices fall - BusinessWeek: AFP Japan jobless rate up in November, prices fall BusinessWeek Deflation tightened its hold on Japan in November and the unemployment rate rose for the first time in four months, as the world's second-biggest economy struggles to stage a convincing comeback. The unemployment rate climbed to 5.2 …
[Industry News] Japan Jobless Rate Climbs for First Time Since July as Job ...: , a computer-services company, said this month it will cut 440 jobs by offering employees incentives to quit. “The jobless rate dropped in the past few months not because of a rise in demand for workers, but because people became so discouraged” they stopped looking for work, said Kyohei Morita , chief economist at Barclays Capital in Tokyo.
[Forex News] Daily Forex Report - USD higher, consumer confidence unexpectedly ...: There was limited reaction to a statement from World Bank President Zoellick warning that there are viable alternatives emerging to the USD reserve currency status and that the EUR could be a respectable alternative to the USD. USD maintained a modest bid save for losses versus the GBP with support from a report that the FDIC will ask US banks to prepay insurance to help the FDIC bridge its funding gap and in reaction to a statements from Japanese officials that Japan should support the USD reserve status.
[The Daily Reckoning] Thin Trading Brings Tight Ranges: While Bernanke did his best to convince the market that rates would stay low for an extended period, he confirmed that the Fed would let the stimulus programs expire as originally planned on February 1 of next year. So while official interest rates will continue to be held at their extremely low levels, the Fed will begin to move toward the exits and try to pull liquidity out of the markets.
[Stockopedia Articles] Inflation Trends In The Global Economy: Pressure More Likely In ...: Most folks in this camp look at high unemployment levels and low production levels and conclude .As discussed before the much reported decline in the U.S. unemployment rate was more due to assumptions than jobs added to the economy.
[Forex | Forex Trade Point - Forex Broker - Forex Trading] Thursday-24 December 2009 « Forex | Forex Trade Point - Forex ...: The hourly and 2 hour charts show a breach of the lower Bollinger Band with the two hour RSI floating near the oversold territory and the hourly Slow Stochastic showing an impending bullish cross forming. The daily charts Slow Stochastic, however, is showing a bearish cross and the daily and 8 hour RSI is floating in the overbought territory.
[The Market Oracle] Staggered Return to Global Economic Growth For 2010 :: The Market ...: Discretionary spending will be the missing element in the lukewarm pace of consumer spending. The unemployment rate is projected to peak at about 10.5% in the middle of 2010.
[Currency Trading] Dollar Climbs after Housing and GDP Numbers: Therefore, large bloc trades may have an extra high impact on today’s prices as liquidity is tight as we approach the holidays and trading desks are operating on skeleton staffs. With a significant amount of money sitting on the sidelines, this could give smaller traders opportunities to take advantage of the volatile price swings in the yen.
[Zionistgoldreport's Weblog] Barclays Duns Dollar « Zionistgoldreport's Weblog: The dollar stemmed 11 months of declines versus the 16 most-traded currencies in December, gaining against all but two, after investors increased bets the Fed will remove monetary stimulus next year as the economy recovers. “We see the dollar strengthening in the first six to nine months of 2010 when the focus is on liquidity withdrawal and tightening of rates,” said Steven Englander, chief U.S. currency strategist at Barclays in New York, in a telephone interview.
[DealBook] Bernanke Sees Tight Lending Weighing on Economy - DealBook Blog ...: Bernanke, warned Monday that high unemployment and a continued reluctance of banks to make loans are likely to slow the economic recovery for the next year. But those “safe haven flows” have since abated, and the dollar has fallen sharply against the euro, the Japanese yen and most other currencies ” except for China's renmimbi, which remains pegged to the dollar.
[Parts to Wholes: the Socionomic Systems Nexus] Parts to Wholes: the Socionomic Systems Nexus: Virtuous Cycle in ...: That may be hyperbole, but the deteriorating economy has inarguably affected young people more than any other demographic. Unemployment was 9.6 percent in April for Japanese aged 15 to 24, compared with 5 percent unemployment over all.
[Blog] Following Japan? - BLOG IU.EU: “With the US government stepping in to keep markets from clearing, today's US economy in many ways resembles the post-bubble Japanese economy. Ultra-loose monetary policy and low demand for credit, combined with high unemployment and consumer deleveraging, could lead to a prolonged slump.” .
[SWJ Blog] 23 December SWJ Roundup (SWJ Blog): Hatoyama's Democratic Party rode to power on a promise to end pork-barrel spending on public works projects championed by the long-ruling Liberal Democrats and divert the money to tax cuts and .Since taking power in 2005, Mr.
[Kaufhold Company, LLC] Kaufhold Company, LLC » Data Points to a Slowly Recovering Economy: Abu Dhabi has now provided Dubai with $10 Billion in aid for Dubai World, but restructuring of the $26 Billion in debt is still under consideration. The funding from Abu Dhabi raised hopes that the situation was improving, but the question still remains whether Dubai intends on selling off many of its assets to cover the maturing debt issues. In the wake of the restructuring request, many investors at home and abroad are reassessing sovereign risk.
[Piponomics] Will the Aussie Sink Down Under? | Forex Blog: Piponomics: Despite all these new developments, some believe that the Aussie will manage to keep its head above water just because of its yield advantage over the other currencies. In a carry trade, traders borrow funds from a low-yielding currency like the US dollar or the Japanese yen, each yielding 0.25% and 0.10%, respectively.
[Dr. Housing Bubble Blog] 2010 Economic Forecast for California: What 10 Reasons Will Keep a ...: Every December I like to do a synopsis of the California economy and the impact on housing. 2009 has been a tough year for housing. If we had to sum up what occurred in California it is that housing sales jumped because of massive cuts in prices. Without the giant crutch of FHA insured loans and the Federal Reserve artificially keeping mortgage rates lower housing would be in a different position. And the other position isnt necessarily bad. Lower prices would lower the housing burden on many. Keep in mind that the bailout of crony Wall Street with backstops of $14 trillion would have been enough to pay off every single prime, near prime, and subprime mortgage in the entire country. What the bailouts accomplished was to repair the failed bets placed by the crony bankers. The proof should be that 2009 saw the largest number of foreclosure filings and many Wall Street banks are dishing out record bonuses.
[billy blog] billy blog » Blog Archive » Creeping along the bottom only: The 1991 recession was initially more severe but turned out to be shorter (trough was 97.9). However, as you can see (compare blue and red lines) the 1991 recovery was very drawn out compared tot he longer decline but sharper recovery in 1982.
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