TOKYO - Japanese Economics Minister Akira Amari said on Tuesday he is worried that financial markets are overreacting to U.S. economic data and that the Federal Reserve's tapering of its government debt purchases is a sign that the world's largest economy is improving. Amari, speaking to reporters, said that recent gains in corporate profits show that Japan's economy is improving. U.S. stocks slumped on Monday, with the Standard & Poor's 500.SPX suffering its worst drop since June, after weaker-than-expected data on the U.S. factory sector provided investors with the latest reason to move away from riskier assets.
Source: REUTERS
Swirl >>
Janet Yellen sworn in as Federal Reserve chair - TELEGRAPH
Janet Yellen sworn in as new head of US Federal Reserve - INDEPENDENT
Janet Yellen Sworn In To Lead Federal Reserve - TIME
Long lunar night wait for Chinas malfunctioning Jade Rabbit moon rover - REUTERS
Factory Output Grows For 5th Straight Month In Jan - CBS NEWS
General Motors Blames Polar Vortex For January Sales Slump - TIME
Jamar scores 20 adds 10 rebounds to help Montana hold off Montana State 7066 - FOX NEWS
Hugh Jackman is game at the Super Bowl and more Celeb Sightings - CNBC NEWS
No comments:
Post a Comment