Daily News | Sluggish Japanese economy

We are at the end of the global binary options trading week, but do not let that stop you! We have all the information that is expected to affect the market today, so stay with us and see the most important events today. Let’s start this Friday off with an analysis of the Japanese yen. From Wednesday to Thursday, the currency dropped slightly, from $0.00888 to $0.00882. Overall, it looks like that the Japanese economy is poised to show little change in the near future. Industrial output is expected to slip by 0.1%, although the trend of factory output has recovered, at least compared to last year. Analysts have suggested that production in the transport equipment and electronic parts sector will likely remain solid. The trade ministry is expected to release factory output data next week on Wednesday, so be sure to watch out for that, as it can tell us a lot about the Japanese economy in general. We now turn to the US dollar. During this period, the USD fell from €0.9473 to €0.9472. Global equities rose today, while the US investors purposefully choose profits today, since there was a pullback in US bond yields. Experts predict a higher inflation, coupled with higher domestic growth. We will continue to monitor the most important news items next week, so be sure to keep reading our daily news!

Daily News | Choose the perfect account

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Author: Max Rothstein

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