Negative macroeconomic statistics from Japan | 07 4月 2022

07 4月 2022, USD/JPY

Negative macroeconomic statistics from Japan

USDJPY trading plan:

The proportion of Japanese households expecting prices to rise a year from now has hit a 14-year high, a central bank survey showed, as inflationary pressures from rising raw material costs grew. The quarterly survey also showed more households felt worse off than three months ago as prices of food and daily necessities rose, highlighting the pain global commodity inflation was inflicting on Japan's fragile economy. Japan has not been immune from surging fuel and commodity prices with wholesale inflation hitting record highs. Unlike central banks in other advanced economies that are hiking interest rates to dampen inflationary pressures, the BOJ has little room to manoeuvre as Japan's economy is still struggling to recover from a pandemic-induced slump.

Investment idea: buy 123.45 and take profit 124.00.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus