Japan Warns Declining Demand Will Hurt Exports

The Bank of Japan (BoJ) says the country’s exports have levelled off recently, a reversal of the recovery the central bank saw in February.

The BoJ cited disappointing external demand for the change of assessment.

However, the central bank is confident of economic expansion at home to help maintain its growth momentum.

Companies are pouring more money into their businesses, and factory activities are rising at a slightly faster pace.

Recent data showed industrial production had risen by 4% in January, which indicated an increase in factory activities for the second month in a row.

via BBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza