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ASIAN MARKET UPDATE

17 Sep

The inspiring handover from Wall Street helped Japan’s Nikkei 225 index to offset disappointing trade data released before the market open. Japan’s exports rose 3.1 percent in August from a year earlier, down from 7.6 percent in the preceding month and missing expectations for a 4.0 percent annual increase, underscoring concerns about the fragile recovery in the world’s third-biggest economy. Imports fell 3.1 percent on-year, wider than the estimate for a 2.2 percent decrease. This translates into a monthly deficit of 569.7 billion yen a year earlier, versus Reuters’ forecast for a trade deficit of 541.3 billion.

www.capitalliferesearch.com

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Posted by on September 17, 2015 in Uncategorized

 

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