Asian Session – Yen gains on reports global recovery will falter – stocks decline.
July 6th, 2009 • Related • Filed Under
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The BoJ governor Shirakawa’s comments this morning were watched very closely as he expressed a somewhat optimistic view of the current economic and financial situation in Japan. This said, tight funding and a very protective stance by local banks with regards to lending still made credit conditions very “tightâ€. These comments come after the Tankan survey released last week showed Japanese… | ||||||||||||||||||||
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