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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessThe Japanese government on Thursday left......>
JAPAN: The Japanese government on Thursday left its overall economic assessment
for December unchanged for the 6th straight month, repeating its view that the
domestic economy remains "in a moderate recovery" amid solid global growth. It
revised up its assessments of imports (first upgrade in 10mths), capital
investment and industrial production while downgrading its view on public works
spending. The government confirmed that an earlier slip in imports was temporary
and that it didn't indicate a slowdown in domestic demand. Last month it said
the pace of pickup in imports was stalling. Japan's economy for the
July-September quarter posted a strong 0.6%, an annualized 2.5%, as a rebound in
net exports offset a slump in consumer spending caused by bad weather. The 7th
straight quarterly expansion in GDP followed unusually strong growth of 0.7% in
April-June. The recent annualized growth pace has been above Japan's potential
growth rate estimated to be just under 1%. The Cabinet Office's Private
Consumption Integrated Estimates index, which is based on both supply- and
demand-side data, posted the first month-on-month rise in two months in October,
up 0.1%, after falling 0.5% in September and being unchanged in August.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.