News and Reviews Asian Economic Zone

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News and Economic Review Zone Asia (China)

 

Foreign Investment In China Up Moderate In Year 2013

Thursday, January 16, 2014

 

Foreign direct investment in China rose moderately by 5.3 % last year compared to 2012 , and Chinese officials said that they expect capital inflows to remain stable this year amid the global economic recovery .

 

China's Ministry of Commerce said on Thursday that China has attracted foreign direct investment of $ 117.6 billion in 2013 , and it shows the continued confidence among investors in China's economic health , the ministry spokesman said on Thursday .

 

" We are seeing a steady growth in foreign investment with a positive growth starting in February last year , " said Shen Danyang at a press conventions .

 

" I believe that the realization of foreign direct investment will be seen steady progress in the year 2014 , " he added .

 

Foreign direct investment from the U.S. rose 7.1 % in 2013 to $ 3.35 billion , and investment from the EU rose 18.1 % to $ 7.21 billion , according to data from the ministry .

 

The combination of investment from 10 Asian countries , including Hong Kong and Taiwan , up 7.1 % to $ 102.5 billion .

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

BOJ Shut Up Plan End the Stimulus Program

Friday, January 17, 2014

 

Japan's success in reviving inflation Rev bet for policy makers to map the termination of monetary stimulus , given the risk of a surge in yields as the Bank of Japan to reduce purchases of bonds

 

With inflation benchmark BOJ already passed half way to achieving the target level Kuruda Governor Haruhiko 2 % , the yield on government bonds 10 - year-old still be the lowest in the world at the level of 0.67 % , in the press by the central bank purchases on a scale never happened before . Even so , Kuroda which will meet the members of the council next week , saying it " too soon " to discuss startagi termination of the program .

 

In the absence of the BOJ , investor demand for compensation of inflation can send the value of government debt surged , triggering harm to the collapse of confidence in the fiscal stability of the country with the third largest economy in the world . Kuroda currently have to start thinking about the " break away " from the stimulus , according to economist Richard Koo .

 

" It may be too late to prevent long-term interest rates do something crazy " which is when the BOJ should delay the reduction of inflation before it reaches the target , said Koo , a former Federal Reserve economist who wrote " The Holy Grail of Macroecnomics - Lessons from Japan Great recessions . "

 

Aggota BOJ board will keep its promise to expand the monetary base at an annual rate of 60 trillion to 70 trillion yen ( $ 668 billion ) in the two-day meeting that will start January 21 , according to all of the 36 economists in a Bloomberg survey .

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News and Economic Review Zone Asia (China)

 

China Economy Grows 7.7 % In Fourth Quarter

Monday, January 20, 2014

 

China's economy grew by 7.7 % in the fourth quarter from a year ago , in the report by the National Bureau of Statistics ( National Statistics Bureau ) in Beijing today .

 

The median estimate in a Bloomberg survey of 44 analysts had called for a 7.6 % rise in China's GDP . In the third quarter , China's economy expanded by 7.8 % from a year ago , on show in the data in the previous release

 

China's industrial output rose as much as 9.7 % in December from a year ago , on show in the report . That compared with the median estimate of 44 analysts to rise 9.8 % and an increase of 10 % in November .

 

Fixed asset investment outside of rural households increased by 19.6 % in the period January to December from a year ago . That compared with a 19.8 % rise in the median estimate in a Bloomberg survey and a 19.9 % rise in the first rise in 11 months in the year 2013.

 

Retail sales in December rose as much as 13.6 % from a year ago . The median forecast in advance called to rise 13.6 % .

 

GDP growth in 2013 by 7.7 % , compared with the median estimate for a 7.7 % rise in the Bloomberg survey of 31 analysts . Berkespansi economy by 7.7 % in 2012 , according to data in previous releases .

[mynameisandhy]

News and Economic Review Zone Asia (China)

 

Chinese Economic Data Fails to Trigger Risk Appetite

Tuesday, January 21, 2014

 

China's economy in the fourth quarter grew 7.7 % 7.6 % exceeded analysts' estimates , indicating a slow start at the beginning of the year due to the efforts of the Chinese policy makers to rmereformasi economy .

 

Most economists estimate the potential of China's economy slowed again during the year as a result of policy reforms aimed at reducing the economic dependence of the bamboo curtain country on investment and trade to shift to domestic consumption sector and the service industry .

 

Other data released Monday also showed weakness , among others, the growth of industrial output in December slowed to 9.7 % compared to 10 % the previous month . While fixed - asset investment rose 19.6 % during 2013 , weaker than the previous annual rate of increase at 19.9 % .

 

In addition other data indicate that consumer spending is still stbail level , the increase in China's retail sales to 13.6 % in December , adrift slightly compared to growth of 13.7 % during the month of November. China's overall economic data showed only moderate growth that failed to boost sentiment of risk appetite in the market .

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Kuroda : Japan's economy is on track for 2 % Inflation Target

Wednesday, January 22, 2014

 

Bank of Japan Haruhiko Kuroda on Wednesday expressed confidence that the central bank will achieve the inflation target of 2 % in the next two years , while he also gave some hints that there will be further monetary easing .

 

" The current monetary policy will continue unless the realization of the risks rise and decline in the economy , " Kuroda said during a regular press conference after the end of a two-day policy meeting , where the central bank decided to keep its monetary policy unchanged .

 

Kuroda said that he did not see any decrease or increase in risk to the economy , but he mengegaskan again that the central bank will make adjustments in the need for the policy if necessary .

 

BOJ Governor asserted that the economy was still in a stable path to reach the inflation target of 2 % , and the price may be reaching that point in the fiscal year that began in April 2014 , or at the beginning of the next fiscal year .

 

Kuroda also said that the BOJ 's monetary policy is not intended to influence the exchange rate , and the policy of " not affected " by recent comments by U.S. Treasury Secretary Jack Lew .

[mynameisandhy]

News and Economic Review Zone Asia (South Korea)

 

South Korea 's GDP Expanding Along With Estimates In Q4

Thursday, January 23, 2014

 

South Korea's economy expanded in line with analysts' estimates in the fourth quarter , as the central bank kept its benchmark rate at its lowest level since 2010 .

 

South Korea 's GDP rose as much as 0.9 % from the previous quarter when it rose as much as 1.1 % , the Bank of Korea said today in Seoul role in his statement . These results correspond to the median estimate of 0.9 % of the 12 economists surveyed by Bloomberg . From a year ago , GDP grew 3.9 % ,

 

The Bank of Korea's projected growth of 3.8 % this year , the fastest pace since 2010 when the country with the fourth largest economy in Asia rebounded from the global financial crisis . At the same time , the government will also monitor risks inflicted on weaker yen , which will help their rivals , Japan in exports , and will reduce the return on the U.S. stimulus program .

 

" The momentum of growth is quite solid , " said Lee Chul Hee , an analyst at Tongyang Securities Inc. . in Seoul who said before the data release . " South Korea will benefit that much better than the improved outlook for global growth . The Bank of Korea may provide enough support to keep the economy with interest rates this year .

 

Governor Kim Choong Soo , who will retire on March 31 , to hold interest rates at the level of 2.5 % on January 9, after a surprise interest rate cut in May.

 

International Monetary Fund this week forecast Rev for global growth this year to 3.7 % as the U.S. expansion and rising UK economy , and in desakanya developed countries to maintain monetary accommodation to strengthen the recovery .

 

The South Korean exporters need to penetrate into new markets on worries that a weaker yen will likely hurt their competition , said Finance Minister Hyun Seok Oh in a meeting in Seoul today .

 

Recovery in South Korea has strengthened the temporary work sector property market has been much better than last year , said Hyun on the 15th of January . The government will seek a balance between exports and domestic demand for sustainable growth , Hyun said on that day .

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Weakening Yen Exchange Fails Japan Boost Deficit Conditions

Friday, January 24, 2014

 

In theory , the value of the currency weakened to increase exports and reduce imports , but the reality is not always the case . For example, the condition of Japan's trade deficit swelled more and more , whereas the value of the yen against the U.S. dollar fell by 15 % in the past year .

 

The situation of the 1980s era are also similar , although slightly different . At that time Japan has a large trade surplus , while the U.S. recorded a deficit that Washington urged Tokyo Plaza Agreement agreed in 1985 to strengthen the yen . However, after the Japanese currency rose 87 % within three years thereafter , the two countries still trade chasm continues to widen .

 

Although often repeated , the world seems not to understand that the exchange rate is not a determinant of the trade balance . The U.S. government and the Bush -era Obama urged Beijing to appreciate the yuan by 37 % since 2005, but the difference in bilateral trade would grow 45 % in that period .

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Japan Trade Balance Deficit Record Annual

Monday, January 27, 2014

 

Japan posted a record trade deficit last year due to energy imports and a weaker yen boosts the country's import bill. Japan's Ministry of Finance said Japan's trade deficit in December was 11.5 trillion yen, almost double from the previous year of 6.9 trillion yen.

 

Imports in December rose 25% from a year earlier, while exports increased 15%. Monthly deficit in December was 1.3 trillion yen.

 

Goldman Sachs Group Inc.. said a record deficit for 18 months shows how the closure of nuclear plants, the rising cost of imports, and limited export growth pushed Prime Minister Shinzo Abe to maintain the growth momentum in the third largest economy in the world. Goldman also added a monthly deficit will continue to exist for a while.

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Nikkei slips Fluctuating Trading Post

Tuesday, January 28, 2014

 

Japanese stocks , Nikkei , fluctuate throughout the trade , swinging between strengthening and weakening before it finally closed down . Investors apparently still not dare to undertake significant action ahead of the FOMC meeting which begins today .

 

Today's decline again extending a sharp drop in the Nikkei previous two sessions . In Monday trading , the Nikkei fell almost 400 points due to concerns about the economic conditions of developing countries , and Japan's trade deficit reached a record last year due to energy imports and a weaker yen boosts the country's import bill , also weighed on market movements . Japan's trade deficit in December was 11.5 trillion yen , almost double from the previous year of 6.9 trillion yen .

 

Fed is expected to cut its monthly bond purchases by $ 10 billion to $ 65 billion , and is expected to remain reduce stimulus at each meeting .

 

Spot The Nikkei ended down 25.57 points, or 0.17 %, to 14980.16 , while Nikkei futures are currently trading in the range of 15005 to 15090 daily highs and lows 14950 .

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Expect Abe Preserve BOJ Stimulus

Wednesday, January 29, 2014

 

Japanese Prime Minister Shinzo Abe on Wednesday showed his hope that the central bank kept its monetary stimulus to revive the economy and end deflation . " Japan is making steady progress to be able to beat deflation and revive the economy due to quantitative and qualitative monetary easing from the BOJ , " Abe said in parliament .

 

Asked about further monetary easing if needed , Abe refers to the statement of Bank of Japan Haruhiko Kuroda recently that the central bank " will not hesitate to step " if the economy is at risk of failing to achieve the target inflation of 2 % . " I hope that the BOJ will continue to maintain monetary easing to end deflation and revive the economy , " said Abe .

 

Abe also said he would not close the opportunity to revise legislation that guarantees the independence of the BOJ from political interference , though for now proiritas for the central bank is trying to achieve the inflation target . BOJ aggressive monetary stimulus Launched in April last year , promised to push inflation up to 2 % in about 2 years through aggressive asset purchases . Since this time the central bank has stayed silent , but signaled its readiness to ease policy again if Japan's economic recovery at risk of obstructed and threatened to fail to reach the target inflation .

[mynameisandhy]

News and Economic Review Zone Asia (China)

 

China's Manufacturing Sector Weak Early 2014

Thursday, January 30, 2014

 

The survey from HSBC showed China's manufacturing activity contracted for the first time back in the last six months , indicating a weak early in the year this horse for the second largest economy in the world .

 

PMI manufacturing index from Markit / HSBC in January dropped slightly to 49.5 last week from the initial release of 59.6 , and down from December when it reached 50.5 . A reading below 50 indicates activity is contracting .

 

" Although weak , but PMI is not far from our initial figure , and remains below 50 . We started the year with a weak foundation . Business was contracted when the Chinese New Year holiday and come back slowly from the front . I'm curious to see if the company will begin to spur activity or weaken "said Frederic Neumann of HSBC .

 

China's economic activity typically slows down in late January and early February due to the Chinese New Year holiday . HSBC survey showed growth in output and new business fell and the company cut its workforce in the highest amount since March 2009 .

 

Data from HSBC manufacturing PMI early last week , along with tight liquidity in China sparked fears of a slowdown in China's economy and deliver a blow to the global financial markets . Some analysts said the outlook in China pertimbuhan stability can be key emerging markets hit by foreign fund outflows as a result of cuts by the Federal Reserve's monetary stimulus .

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Passion Signs Emerging Japanese Economy

Friday, January 31, 2014

 

A series of Japanese economic data showed an improvement of climate that have not been seen in a few years back . The combination of labor absorption is high and rising prices of consumer products strongly supports the achievement of the inflation target pursued by Prime Minister Shinzo Abe .

 

The consumer price index rose 1.3 % in December compared to the same period in 2012 . While for the full year 2013, the index rose 0.4 % also marks the first annual increase in five years .

 

Separate data also showed the unemployment rate dropped to only 3.7 % in the month of December or the lowest ratio since December 2007 . Recent economic phenomenon was encouraging the government , which was since the end of last year targeting 2 % inflation target as a parameter to the national economic recovery .

 

Although industrial production rose only 1.1 % in the month of December 2013 , or below the initial estimate of 1.3 % , it is not necessarily a sign of decline in plant performance in Japan . Given the seasonal factors also affect the performance of the company and the volume of demand for the product .

 

Japanese economists assess the weakness of the export sector has been able to offset by rising domestic consumption rate . Reports the number of new home construction surged 18 % even compared to December 2012. Flow of household consumption in Japan is rising ahead of the reactivation of the agenda of significant increase in the sales tax from 5 % to 8 % . The series of economic data are broadly capable of reflecting the strength of the effect of stimulus measures launched by Shinzo Abe and his cabinet .

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Vehicle sales in Japan surge 27.5 %

Monday, February 3, 2014

 

Sales of cars , trucks , and new buses in January in Japan jumped 27.5 % from a year earlier , and up five consecutive months due to rampant buying ahead of the sales tax increase in April .

 

Japan Automobile Dealers Association said total vehicle sales in January amounted to 292 446 , up from 229 333 in the previous year . Sales of vehicles observed by economists because consumer spending is the first to be released every month .

 

Meanwhile last week, the Japan Automobile Manufacturers Association said demand for vehicles including mini vehicles in Japan would fall by around 9.8 % to 4.85 million this year due to an increase in sales tax in April to 8 % from 5% .

 

Sales of Toyota Motor Corp. . sebsar in January rose 19.2 % to 125 568 , Nissan Motor Co. . has recorded an increase in sales of 1.8 % to 40 025 , and Honda Motor Co. . posted sales of more than double as many as 49 441 of 20 960 after the release of the latest model Fit and Vezel .

[mynameisandhy]

News and Economic Review Zone Asia (South Korea)

 

South Korea Inflation Still Stable

Tuesday, February 4, 2014

 

Inflation in South Korea in January grew at the same rate from the previous month due to stable prices of agricultural products.

 

South Korea's Bureau of Statistics said the consumer price index grew 1.1% in January from a year earlier, growing at the same pace with the month of December. This figure is slightly higher than economists' forecast of 1.0%. For the monthly period, inflation rose 0.5% in January from the previous month when it grew 0.1%.

 

Core inflation, which excludes energy and food, rose 1.7% from a year earlier, after growing 1.9% in the previous month. For monthly, core inflation rose 0.2% from December when it rose 0.1%.

 

The Bank of Korea expects inflation to grow 2.3% during 2014, after growing 1.3% in the past year. The central bank to keep interest rates at 2.5% level in May.

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Salary levels in Japan Up 2 Months streak

Wednesday, February 5, 2014

 

Japan Labor Department said total revenue rose 0.8% Japanese citizens in December of the same year and became a two-month increase in a row, as well as the fastest in the last two years. Overtime pay, which is a barometer of corporate activity, rose 4.6% in December from a year earlier, and be the increase in the nine months straight.

 

The Bank of Japan said the salary growth is crucial in the fight against deflation, and achieve the inflation target of 2% in two years, which is said to be too ambitious by economists.

 

Data from the Labor Department also showed regular aji down 0.2%, and has dropped in 19 consecutive months, gives an overview of the Japanese companies are still not convinced of the sustainability of growth in the Japanese economy, and worried about increased costs. However the rate of decline has slowed in recent months.

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Nikkei Ends Negative on Trade Fluctuation

Thursday, February 6, 2014

 

Japanese stocks , Nikkei , ended in negative territory after gaining in early trading . Several reports support the strengthening of the Nikkei previous earnings , but should weaken as investors turned cautious ahead of the release of data on non - farm payrolls on Friday ,

 

Mazda Motor Corp. . closed up 4.3 % in early trading after surging to 7.1 % , after raising the estimated annual operating profit by 12.5 % to 180 billion yen due to the decline in the value of the Japanese currency , and strong sales of the Mazda3 .

 

A weaker yen in early trade also could bring Nikkei up by nearly 1 % . Deputy Governor of the Bank of Japan , Hiroshi Nakaso , said monetary policy can be adjusted if threatening an inflation target of 2% .

 

Employment data released yesterday showed ADP private sector U.S. added 175,000 workers in January , lower than the estimate of 191,000 . Data from ADP are usually used to estimate reference NFP data that will be released two days later . U.S. NFP data for January is estimated at 184 000 .

 

Spot The Nikkei ended down 25.26 points, or 0.18 %, to 14155.12 , while Nikkei futures are currently trading in the range of 14150 14035 away from daily highs .

[mynameisandhy]

News and Economic Review Zone Asia (China)

 

China's PMI Services Sector By HSBC Dropped to 50.7

Friday, February 7, 2014

 

The growth rate of China's service sector is at the slowest pace in 2-1/2 years in January after the companies get new business with lower volume , according to a private survey , amplifies the signal slowdown in the Chinese economy . HSBC's PMI services sector / Markit fell to 50.7 in January , the lowest level dicapaipada August 2011 , though still above the 50 level that separates growth and contraction . December PMI was at 50.9 .

 

This is the final PMI data from 4 Chinese PMI data released each month , all of which showed the growth rate in the country 's second-largest economy slowed in January due to weak local and foreign demand . Juamt today 's PMI data showed the growth of new businesses hit a 7 -month low in January , the results of which may be extend debate among economists about whether the weak level of demand last year largely due to the Lunar New Year holiday that started on 31 January, as many companies are closing early to celebrate .

 

Qu Hongbin , an economist at HSBC , said the slowing rate of growth in the services sector due to a slowdown in factories in China and efforts to restrict state spending is wasteful . " We expect the pace of growth for the service sector recovered slightly in the next month , " Qu said , but cautioned that progress depends on the rate of growth of manufacturing and government efforts to expand the services sector through reform .

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Japan's Current Account Deficit Record 3 Months streak

Monday, February 10, 2014

 

Japanese cherry country unexpectedly recorded the largest current account deficit ever in December, according to the Treasury Department report on Monday ( 10 / 02 ) .

 

Figures current- account deficit reached ¥ 638.6 billion, equivalent to $ 6.23 billion in December and a third times the deficit figures consecutive month . And the deficit is wider than the record in November reached ¥ 592.8 billion , but still below the average forecast a deficit of ¥ 695.3 billion from the survey of The Wall Street Journal and Nikkei .

 

Japan's trade deficit could shrink thin to ¥ 1,213 trillion from ¥ 1,254 trillion in November , but the figure is still far beyond the income of ¥ 884.3 billion for the month.

 

In the currency market , Yen exchange rate shows a thin reaction to the data . Against the dollar USDJPY tracked down to around 102.64 yen , although it then declined slightly to 102.47 yen area . While in the stock market , the Nikkei stock index was up 1.3 % shortly after the release of the data .

[mynameisandhy]

News and Economic Review Zone Asia (China)

 

China gold demand level exceeds 1,000 Ton For The First Time

Tuesday, February 11, 2014

 

China's gold consumption rate jumped by 41 % in 2013 to exceed 1,000 tons for the first time , according to one industry body on Monday , as the sharp drop in gold prices attract buyers of gold jewelry and bullion . The sharp rise in demand has helped China become the world No.1 gold consumer and will support gold prices , which hit last year on expectations the U.S. economy tapering stimulus by the Federal Reserve and the reduced level of demand from other major consumer countries India .

 

The rate of gold consumption in China grew by 1,176.40 tonnes last year , with demand for jewelery rose 43 % to 716.50 tonnes and demand for gold bars rose 57 % to 375.73 tons , according to the China Gold Association website . The level of demand from China hit a record high as the decline in the price of gold for the first time in 13 years amid improving global economy and a rally in the stock market . Gold prices fell by 28 % in 2013 .

 

"The price of gold fell sharply attracted many Chinese consumers who are looking for cheap gold , " said Chen Min , an analyst at Jinrui Futures in Shenzhen . " Gold will continue to be an attractive investment in China in the short term as prices seem stable near $ 1.200 per ounce , " said Chen .

 

Data last month showed the level of China's imports from Hong Kong in 2013 rose more than 2 times lipar than a year earlier to a record 1,158.162 tonnes mencapao . Data from industry associations also showed China's gold output in 2013 increased by 6.2 % from a year earlier to a record high 428,163 tons , making China the world's largest gold producer for the seventh consecutive year .

 

The data rate of gold consumption in China do not include the level of demand from the central bank , where the gold reserves are at 33.89 million ounces ( 1,054 tons ) , unchanged since April 2009 , according to the latest data from the central bank's website . The last time the Chinese side announced an increase in its gold reserves in 2009 and did not revise the data since that time , despite the recent market speculation that the central bank has been accumulating gold reserves and will announce revisions to the data . Foreign currency reserves belong to China , which is the largest in the world , rose to 3.82 trillion dollars by the end of 2013 .

[mynameisandhy]

News and Economic Review Zone Asia (China)

 

China Export Growth Slows estimated in January

Tuesday, February 11, 2014

 

The growth rate of China's import-export sector is expected to slow in January , according to a Reuters survey , underscoring a slowdown in the country 's second-largest economy in the world , although the impact of the Chinese New Year holiday will probably overstate the decline momentum . The weakening of the import sector could impact China's bad for other countries , especially for large commodity exporters such as Australia . HSBC estimates that China will beat the United States as the biggest importer in the world this year .

 

While the rate of bank lending in China is expected to experience a seasonal rise in January as the banks get a new loan quota in each month of January each year , indicating a relatively stable level of demand from the real economy . Many economists expect a slight slowdown in Chinese economy in 2014 as the government tries to maintain a slower growth but with better quality to reduce reliance on investment and achieve stable development .

 

" Given the economic situation stabilized last year and rising expectations pengusungan reform , economic growth is facing a high pressure in the short term , " said Xie Yaxuan , an economist at China Merchants Securities . Anxiety loss of momentum sharper than expected in China is believed to be one of the factors triggering selloff in global financial markets in January , with the emerging markets affected loudest .

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Japan Machinery Orders Worst Since 1998

Wednesday, February 12, 2014

 

Japan's core machinery orders fell in December, to be the worst since 1998, giving the signal business investment growth will slow over the coming months and weighing on perekonian third largest in the world.

 

Cabinet Office said core machinery orders at the end of last year fell 15.7% from November. While economists had previously forecast a decline of 4%. Still according to the Cabinet Office deterioration partly reflects the deterioration of November when the order exceeds 10 billion yen.

 

It is estimated that the increase in sales tax in April, will trigger an economic contraction in the second quarter, the weakness of private capital expenditure can add challenge to Prime Minister Shinzo Abe to continue the economic recovery of deflation that hit for 15 years.

[mynameisandhy]

News and Economic Review Zone Asia (China)

 

Chinese Commerce Data Reflect Global Recovery

Wednesday, February 12, 2014

 

Chinese trade data , released today (Wednesday , 12 / 02 ) has recorded the results are much stronger than expected , with a sharp increase of exports. But the market looks slightly ignore the release as some analysts show an attitude of skepticism over the accuracy of the results of all the numbers .

 

Based on the data release this morning , China's trade balance in January rose to $ 31.86 billion from the previous month at $ 25.60 billion . The surge was mainly due to a drastic increase in the level of Chinese exports to 10.6 % recorded in the same month of the previous month by 4.3 % . The number is even well above economists' expectations of 2% .

 

Meanwhile, China's import levels were also increased by 10 % from the previous month recorded 8.3 % . And the surge unexpectedly , well above economists' expectations and analysts estimate drops to +3 % .

 

Although the trade balance showed a strong result , China's stock market does not react because many previously been troubled by doubts distortion and economists in the past .

 

Nevertheless , the Shanghai stock exchange floor gradually recovered and eventually managed to maneuver into positive territory after the beginning of the session was languishing in the red zone . Investor buying interest mainly motivated by market optimism which concluded that Chinese trade data also reflects nicely the global economic recovery

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

Japan M2 Money Circulation Up Higher than Estimated

Thursday, February 13, 2014

 

Japan's M2 money supply rose 4.4 percent in January. According to the Bank of Japan (BoJ), the total M2 money circulating in Japan reached JPY 866.5 trillion.

That number exceeds the expectations that the BoJ will estimate the M2 money supply increased by 4.2 percent following a 4.3 percent rise in December.

While the M3 money supply rose 3.5 percent in 2013 to 1178.6 billion JPY. The number also exceeded forecasts that predict the BoJ will increase by 3.4 percent, or unchanged from the previous month.

Meanwhile, money supply rose 4.4 percent L in 2013 became JPY 1536.4 billion after rising 4.5 percent the prior month.

[mynameisandhy]

News and Economic Review Zone Asia (China)

 

In January, China's CPI Up 2.5 % , PPI Down 1.6 %

Friday, February 14, 2014

 

China's consumer inflation rate rose 2.5 % in January from a year ago , according to government data on Friday , higher than analysts' forecasts for a gain of 2.3 % . While the producer inflation rate fell 1.6 % from a year ago , compared to forecasts for a decline of 1.7 % . These data may provide more space for China's leaders to boost economic growth that analysts predicted would reach the level of the slowest in 24 years in 2014. The ruling Communist Party is trying to stop the boom in the credit sector and wasteful government spending to sustain the expansion above " take the limit " Premier Li Keqiang at 7 % to maintain employment levels .

 

" Anxiety over rising inflation the central bank seems to have abated , " said Dong Tau , chief economist at Credit Suisse in Hong Kong , this month's related report of the People's Bank of China . The Australian dollar climbed back above 90 cents following the news while Asian stock markets are relatively flat with the Shanghai composite index rose 0.2 % .

 

Over the past year sterling rose 12 % and become the best performing currency among 10 developed countries , and is currently at its highest level since May 2011

[mynameisandhy]

News and Economic Review Zone Asia (Japan)

 

BOJ Consider For Not Telling Monetary Base 2015

Monday, February 17, 2014

 

The Bank of Japan is considering to refrain from releasing forecasts for 2015 the monetary base in order to avoid signal commitment to easing the unprecedented for a more specific time period , according to people who know about it .

 

In April last year , the BOJ said that the monetary base will rise to 270 trillion yen ( $ 2.65 billion ) at the end of 2015 . Currently , the central bank will probably avoid issuing the latest information for the following years , said the person, who asked not to be named because the talks mentioned the still secret . The BOJ is expected to leave policy unchanged at the end of the meeting tomorrow .

 

Prevent any indication of the commitment for 2015 will give policy makers greater flexibility in their midst assess risks to the economic problems which include tax increases in April and the potential impact on the next year . Governor Haruhiko Kuroda and its partners have linked their easing policy to achieve the inflation target them at the level of 2 percent , the early anticipation over the last two years .

 

" The BOJ would like to emphasize that this is a program open to close, " said Hiromichi Shirakawa , chief Japan economist at Credit Suisse Group AG in Tokyo and a former BOJ official . " The BOJ sees no need to make a commitment for a certain period of time without having to know the risks that they may encounter . "

 

Kuroda in December said that although transparency is important , forward guidance or communication looks too complicated " can also inefficient , and sometimes even disturbing . "