Band of Japan’s Mizuno was on the wires this morning highlighting that the global recovery remains fragile and may be unsustainable without the help of governments and central banks. He cautioned that Japan’s exports recovery may slow from the autumn. The tone of his address suggests that Japan’s accommodative policy will remain in place for some time, though Mizuno admitted that they could not go on indefinitely. Nevertheless, activity remained at an extremely low level and the country’s potential growth rate may be below 1%.
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| Australia | 3% |
| New Zealand | 2.5% |
| Sweden | 0.25% |
MyForexTime Twitter Updates
28.06.10
USA Personal income increased $53.7 billion...: http://digg.com/d31VHqK?t
28.06.10
Wall Street Hiring Jumps Most Since 2008...: http://digg.com/d31VHpY?t
28.06.10
G-20 Leaders Responds to European Debt Crisis With Deficit..: http://digg.com/d31VGbb?t
28.06.10
USA Q1 2010 Personal Consumption out at 3.0%...: http://digg.com/d31VGbQ?t
28.06.10
Advanced G-20 Countries economies will aim to halve deficits by 2013 and start to stabilize their debt-to-output ratios by 2016...
28.06.10
Today morning European session start with Sweden’s household lending and trade data followed by the series of German states reporting CPI...
28.06.10
The G-20 has to bridge a gap between leaders such as German Chancellor Angela Merkel who favor budget cuts and USA President Barack Obama...
28.06.10
China’s pledge of a more flexible Yuan will reduce the China’s exports in 2010-11, adding to difficulties that include the European debt...
28.06.10
The Bank Of England's (BOE) Financial Stability Report adopted a cautious tone, noting that...
28.06.10
Real GDP -- the output of goods and services produced by labor and property located in the US, increased at an annual rate of 2.7%...
15.04.10
Bernanke reiterated that he anticipates keeping US rates low: http://digg.com/d31OWyQ?t
15.04.10
US crude oil prices rose for the first day in six as US...: http://digg.com/d31OWxx?t
09.12.09
U.S. Dollar bulls have more to hope for in the short term...: http://digg.com/d31CIlQ?t
07.12.09
We expect that OPEC will leave oil production targets unchanged following the 22 December OPEC meeting...: http://digg.com/d31C3MY?t
04.12.09
European central bank left all three policy interest rates..: http://digg.com/d31Bmq0?t
03.12.09
USA ADP national employment report showed that private sector payrolls fell by 169,000 in November,..: http://digg.com/d31Bgam?t
03.12.09
Beige Book Informal review by the Federal Reserve Banks...: http://digg.com/d31BgVw?t
02.12.09
The Gold price jumped higher last night, The gold price peaked at above USD1,200/oz....: http://digg.com/d31BbAV?t
01.12.09
U.S. Dollar clawed back some of its losses...: http://digg.com/d31BVmY?t
01.12.09
The RBA rate meeting panned out as expected, with the RBA hiking rates another 25bp for the third meeting in a row http://digg.com/d31BVeM?t
