Friday, December 21, 2018

Facing the hardest contraction in four years during the third quarter of 2018, the Japanese economy is facing difficulties amid a weakening business outlook. Recently, the Japanese cabinet has been revising its growth forecast for the economy to the downside for 2018 and 2019 to 0.90% and 1.30% from prior 1.50% estimate while the BoJ is expecting a more conservative scenario for 2019, with annual GDP growth numbers below 1%, thus confirming that the central bank authority will be maintaining its ultra-loose monetary policy by the end of its two-day meeting ending on Thursday.



from MQL5: Traders' Blogs http://bit.ly/2T0xlL6

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