Daily News | Japan’s economy starts to fall

Another exciting week of global binary options trading is upon us! Be sure to stick with our website, as we have, of course, compiled the most pertinent data from news across the globe. This way, you can have an easier time on the market! Japan’s economy is the first thing we have to go over, so let’s see the situation with the Japanese yen. From Thursday to Friday, the currency rose from $0.00882 to $0.00883. This will most likely not last, as the Bank of Japan incurred a net loss in its half-year earnings for the first time in four years. The central bank’s government bond holdings also saw a loss in the April-September period. The bank’s capital adequacy ratio also fell to 8% as of end-September, down 0.05% from March. We will continue to follow the situation in Japan’s economy in the future, but let us now take a look at the US dollar. In the same period, the USD fell from €0.9472 to €0.9437. Wall Street expects consumers to open their wallets wider this holiday shopping season, but bargains among popular retail stocks might be harder to find, especially since profit growth has not happened for them. Retailers like Best Buy and Macy’s had an extremely disappointing holiday quarter last year, so we will just have to wait and see what happens.

Daily News | Give yourself a better chance

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Author: Max Rothstein

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