Exports are starting to firm, which is lending support to industrial production. |
Given gasoline is such a small component of the household basket in Japan, it should be having an almost negligible impact on sentiment. |
It's a mutually complementary relationship. Most of the economic and trade relationship between the two countries occurs in the private sector. Political tensions should not be blurring short-term corporate decisions. |
It's unambiguously good news for Japan. It signals the dark days of deflation are behind us. |
Progressively, the skill set of the population is growing. |
The bank is strongly and immediately sending the signal that financial conditions may need to be made tighter. |
These reports are clear evidence that the consumer caution that drove the slowing in the economy in the second half of 2005 is on the wane. |
Today's numbers highlight the inappropriateness of rate-cut expectations. |
When we look at investment, it appears to be structurally too low. The political tension will hold down the Taiwan dollar too. |
When we look at the economic fundamentals in Japan, and how they've unfolded in the last six months, we're clearly seeing an economy that is growing above potential. |