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Japans third activity index rose in April after falling in the previous month

2018-06-12 07:48 am | Resource: NEWS | No Views : 61

Japan's third activity index rose in April after falling in the previous month, data from the Ministry of Economy, Trade and Industry showed Tuesday.

The third activity index rose 1.4 percent on a monthly basis in April, reversing a 0.3 percent drop in March.

Among the individual components of the survey was activity related to information and communications, finance and insurance, electricity and gas, thermal and water supply, services for living and entertainment, retail and wholesale, rental of goods and leasing, medical services and health. Welfare and welfare.

At the same time, activity declined for transport, postal and business and real estate activities, and on an annualized basis, the third activity index rose 1.4 percent in April, after a 0.9 percent increase the previous month

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USDJPY Technical analysis 14 August 2018

Time frame Used - four hours The USDJPY is moving in a bearish direction in the near term   The bears was able to control movement of the USDJPY to hit  the important support level around level of  110.56 as the USDJPY is still moving within the down channel to reach its downside around 110.56  In view of the technical indicators Both RSI and Stochastic are indicating to weakness of the…

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