FXstreet.com (Barcelona) - The Japanese Government has cut the economic assessment in August, first time it downgrades the outlook since October 2011. According to government sources, the economy remains in moderate recovery led by rebuilding after earthquake. Economic outlook to be affected by global slowdown but reconstruction-led recovery to continue. Further global slowdown are an increasing risk for Japan. Exports, imports, industrial output, personal consumption, and housing construction, were all areas cut in the assessment. In contrast, the employment situation was upgraded.
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Any opinions, news, research, analyses, prices or other information contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
