Japanese Economics Minister Amari

Focus on Japan, Not Europe

May 20, 2013

European trading was dampened by the observance in countries such as France, Austria, Norway, Denmark and Germany of Whit Monday, a Christian holiday.  Its been a very light day from the standpoint of released European data.  Canada will be observing Victoria Day. Remarks from Japanese Economics Minister Amari caught investors’ attention.  He suggested the bulk […] More

Yen Recovers over 1.0% after Official’s Comment

January 15, 2013

A wave of yen short-covering followed Economics Minister Amari’s warning against an excessive slide of the currency. German GDP growth slowed to 0.7% last year, a shade less than analysts anticipated, from 3.0% in 2011 and 4.2% in 2010.  The Fitch credit rating agency said a downgrade of the U.S. rating could be a consequence […] More