Japan Economic News

Japan’s Industrial Output, Retail Sales Stall in September

Japan’s industrial production was unchanged in September from a month earlier, falling short of forecasts, in the latest snapshot of Japan’s economy as the central bank board gathers to consider monetary policy. Retails sales were also unchanged, reflecting sustained weakness in consumer spending.
Key Points

• Industrial output was unchanged in September from a month earlier (forecast +0.9 percent).
  
• Output is forecast to rise 1.1 percent in October, then rise 2.1 percent in November.
  
• Retail sales were unchanged from the previous month (forecast +0.2 percent). 
  

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Japan's exports to China fell 9.4% from a year earlier, reflecting lower demand as the economy slows amid a trade war with the U.S. over Beijing's technology ambitions.

Japan reports exports, trade surplus slid in March
https://sg.news.yahoo.com/japan-reports-...39032.html

Gross domestic product expanded an annualized 2.1%, but the biggest driver was imports falling even faster than exports, which meant that net exports technically fueled growth in the economy. Declining imports is a sign of weakness in demand, so the GDP figure is somewhat misleading.


Japan's Unexpected GDP Growth Comes With Reasons for Caution
https://www.bloomberg.com/news/articles/...olitics-vp

2019.05.25【文茜世界周報】回不去的好榮景　日本泡沫經濟時代
https://www.youtube.com/watch?v=Z4yvbMt6...AU&index=1

Expect an announcement on the trade front with Japan in August, Trump says
* “Trade-wise, I think we’ll be announcing some things, probably in August that will be very good for both countries,” U.S. President Donald Trump said Monday during a state visit to Japan, according to Reuters. “We’ll get the balance of trade, I think, straightened out rapidly.”
* He was speaking ahead of a summit with Japanese Prime Minister Shinzo Abe in Tokyo, as the American president embarked on a state visit amid looming trade issues between the two countries.
* According to the U.S. Trade Representative, the U.S. had a deficit of $56.8 billion in goods and services with Japan in 2018.

Huileng Tan
PUBLISHED 27 May 2019

U.S. President Donald Trump said Monday he expects to get the trade gap with Japan “straightened out rapidly,” adding that announcements on that could come as soon as August.

Trump was speaking ahead of a summit with Japanese Prime Minister Shinzo Abe in Tokyo, as the American president embarked on a state visit amid looming trade issues between the two countries.

“Trade-wise, I think we’ll be announcing some things, probably in August that will be very good for both countries,” Trump said, according to Reuters. “We’ll get the balance of trade, I think, straightened out rapidly.”

According to the U.S. Trade Representative, the U.S. had a deficit of $56.8 billion in goods and services with Japan in 2018.

The president ratcheted up pressure on Japan the first day he arrived for a state visit, saying on Saturday that “Japan has had a substantial advantage for many, many years. ” He also called on Japanese businesses to invest more in the United States.

Trump had previously said he did not expect major progress until July, when Abe’s ruling bloc faces an election for parliament’s upper house.

“President Trump ... would like to claim credit for some progress on trade — whether it’s agriculture or products or automobiles, but he can wait because his election isn’t till November next year, ” said Glen Fukushima, former deputy assistant of United States Trade Representative for Japan and China during Ronald Reagan’s administration.

“Trump and Abe have established a good relationship. Both have been relying on each other to help them domestically,” said Fukushima, who is now senior fellow at the Center for American Progress think tank.

More details in https://www.cnbc.com/2019/05/27/expect-a...icial.html

2020.02.22【文茜世界周報】日本1/4府縣有確診病例　許多未有中國接觸史
https://www.youtube.com/watch?v=dZTxsjq-...AU&index=4

Japan testing for coronavirus at fraction of capacity
https://www.reuters.com/article/us-healt...150ZR?il=0

https://www.cnbc.com/quotes/JP10Y-JP

the central bank in a statement reiterated its commitment to the 10-year yield target, saying it will conduct an unlimited fixed-rate operation to buy 10-year Japanese government bonds at 0.25% every day, effectively ensuring a currency collapse.


https://www.zerohedge.com/markets/yen-cr...defend-ycc

(13-06-2022, 07:50 PM)Behappyalways Wrote: https://www.cnbc.com/quotes/JP10Y-JP

the central bank in a statement reiterated its commitment to the 10-year yield target, saying it will conduct an unlimited fixed-rate operation to buy 10-year Japanese government bonds at 0.25% every day, effectively ensuring a currency collapse.


https://www.zerohedge.com/markets/yen-cr...defend-ycc

one cheap meal in japan is already 1000yen , they print more money its gonna go to 10k yen   I love all things japanese but unfortunately their economic system is stil a basketcase even after 3 decades since the big crash of 1990

There is a conspiracy theory that someone is using the yen to 'shake' Chinese RMB especially with Chinese economy weakened after the covid in Shanghai...just watch....

Japan On Verge Of Systemic Collapse With "Dramatic, Unpredictable Non-Linearities" In Financial Markets, DB Warns
https://www.zerohedge.com/markets/japan-...rkets-bank