Deeper Analysis
Japan Released Many Indicators on Christmas Day
December 26, 2009
For market old-timers, Friday offered rememberances of Christmas 1989 when the Bank of Japan raised reference interest rates. The Y92.3 trillion fiscal 2010/11 budget was approved, and a considerable number of economic indicators were released. Unemployment rose a tenth to 5.2% from 5.1%. Jobs fell 2.0% from a year earlier, and the ratio of job offers […] More