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More foreign currencies sold -- Shanghai Daily | 上海日报 -- English Window to Ch... - 0 views

  • BANKS in China sold more foreign currencies in August than July
  • yuan funds
  • fell by 17.4 billion yuan last month from July to 25.6 trillion yuan
  • ...6 more annotations...
  • apparent capital outflow from China due to the weak economic situation
  • outflow occurred as the yuan weakened against the US dollar
  • exchange rate fell from 6.3146
  • to 6.3449
  • predicts the outflow to cease
  • quantitative easing moves by the US Federal Reserve may increase liquidity worldwide and fuel the risk appetite of investors
3More

Economist urges Taiwan to depreciate currency to boost exports|Economy|News|W... - 1 views

  • depreciate its currency to boost its slumping exports
  • Taiwan's exports in the January-July period declined 5.8% from the same period a year earlier to US$171.6 billion, and the depreciation of the Taiwan dollar could help reverse that trend
  • Asked if such a depreciation would contribute to higher inflation in Taiwan, Hsu said the central bank could use interest rate adjustments to keep inflation at bay.
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Mighty yuan still not without risk for China - The National - 0 views

  • spot exchange rate agains
  • upper limit of its floating range
  • trading band for the yuan's dollar exchange rate was widened
  • ...3 more annotations...
  • rapid currency appreciation is a potentially dangerous development for China - in part owing to the risk of an abrupt and painful reversal.
  • greater global liquidity
  • Given China's adherence to a stable monetary policy, the yuan has become a more attractive asset to hold.
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CURRENCIES & BONDS / Dollar below 81.50 yen in Tokyo, cutting early gains ahead of BOJ ... - 0 views

  • At 5 p.m., the dollar was quoted at 81.27-30 yen, still up from 81.11-12 yen at the same time Friday.
  • The dollar pared its early gains to trade mostly below 81.50 yen in Tokyo trading Monday, as the recent yen-selling spree took a pause before the Bank of Japan's upcoming monetary policy decision.
  • where it was supported by hopes for an early deal to avoid the "fiscal cliff," or a combination of looming tax increases and spending cuts.
  • ...3 more annotations...
  • consider a plan under which the central bank buys construction bonds directly from the government
  • expectations for drastic monetary easing by the central bank. Abe's repeated calls for "unlimited" monetary easing, aimed at beating the deflation, sparked such expectations.
  • In futures trading on the Tokyo Stock Exchange, the lead December contract on 10-year JGBs edged down 0.08 point from Friday to end at 144.62. Volume decreased to 25,289 contracts from 33,371.
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Exports drop for fifth month - Tokyo Times from Japan - 0 views

  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • ...12 more annotations...
  • Japan's exports fell for the fifth straight month in July as th
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • y as the country co
  • Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.
  • Japan's exports f
  • Exports are a key driver of the world's No. 3 economy, and the country is hoping that overseas demand will help it bounce back from the March 11 disaster.
  • A surging yen, which has recently tested record highs against the dollar, is painful for Japan's exporters. It reduces the value of their foreign earnings and makes Japanese goods more expensive in overseas markets.
  • The yen is hurting the bottom lines of companies like Nintendo Co., which makes 80 percent of its sales outside of Japan. It is also forcing manufacturers like Panasonic Corp. and Hitachi Ltd. to consider shifting more production overseas.
  • Japan intervened in currency markets earlier this month to try to reverse the yen's climb. The decision to sell the yen and buy the dollar worked initially, sending the greenback toward ¥80. But the dollar has been weighed by the dimming outlook for U.S. economy and is back down to mid ¥76levels.
  • speculators for the yen's sharp gains and described recent moves as "violent."
  •  
    Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami. Exports fell 3.3 percent from a year earlier to ¥5.78 trillion ($75.6 billion), the government said Thursday. Exports are a key driver of the world's No.
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BBC News - Factory output in Japan weaker than expected in April - 4 views

    • Shoko Kuroda
       
      Demand, indicates that this article is on micro economics, relating to supply and demand
  • output
    • Shoko Kuroda
       
      Output is another word for supply and this can be referenced to micro economics, which is about supply and demand. 
  • ...10 more annotations...
  • China's slowdown and a rising yen for the expected fall.
  • As Japan continues to recover from a devastating earthquake and tsunami last year, the ministry said industrial production continued to improve.
  • Industries that contributed to the slight rise in output included transport, chemicals and electrical machinery.
  • "More crucial is final demand in China,
    • Erica Nozawa
       
      I could draw a demand - supply diagram from this, indicating the declining demand for cars, consequently leading to a drop in supply. 
    • Erica Nozawa
       
      This is because China is a massive economy, and it bears an extremely important role in the Japanese economy, especially after having taken over the second largest economy world wide. 
    • Erica Nozawa
       
      Japan's economy stagnated severely after the earthquake and tsunami. This was due to the rapidly dropping demand from consumers, who deferred purchasing inessential goods. 
  • , demand from China would be the determining factor for continued growth
    • Shoko Kuroda
       
      This quotation indicates the global impact of the Chinese economy. Because a large proportion of Japanese goods' is exported to China, a decrease in demand means that there would be less output. This can be related to the US GDP article, stating that a decrease in demand would make it difficult to produce the good to be either exported or imported and have affect on GDP growth. 
    • Shoko Kuroda
       
      Need to explain how decrease or increase in currency can influence output. 
  •  
    Japan's factory output was weaker than expected in April because of slower demand for electronics goods, especially in China. Output was 0.2% higher in April from March, the Trade and Industry Ministry said. Analysts had forecast a figure of 0.5%. The ministry said it expects output to fall in May, before rebounding in June.
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