Japan’s Cabinet Office upgraded its assessment of the economy for the first time in eight months

Noticias del mercado

24 marzo 2015

Japan’s Cabinet Office upgraded its assessment of the economy for the first time in eight months

The Japanese Cabinet Office upgraded its assessment of the economy on Monday as business climate improved. It was the first time in eight months.

The government said that Japan's economy recovers moderately. The economy is expected to recover, supported by falling oil prices and stimulus measures, while "employment and income situation show a trend toward improvement", the Cabinet Office said.

Japan's government noted that a slowdown in overseas economies is a downside risk of the Japanese economy.

New home sales rises 7.8% in February, the highest level since February 2008

European Central Bank Governing Council member Christian Noyer: the ECB can provide more liquidity assistance to Greek banks if they will not use it to finance the country’s government

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