Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Indexes  >  Nikkei 225    N225   JP9010C00002

NIKKEI 225 (N225)
Mes dernières consult.
Most popular
Real-time Quote. Real-time  - 08/21 08:10:00 am
19393.13 PTS   -0.40%
01:12pDJASIA MARKETS : Australia, Japan Lead Asian Market Decliners
05:32aDJASIA MARKETS : Australia, Japan Lead Asian Market Decliners
08/18DJU.S. Stocks Decline in Quiet Trading
SummaryQuotesChartsNewsAnalysisHeatmapComponents 
Analysis summary4-Traders Strategies

Japan could slide back into recession

share with twitter share with LinkedIn share with facebook
share via e-mail
11/13/2012 | 02:21pm

The Tokyo Stock Exchange continues to fall down after the release of weak economic figures. Despite endless government helps to support the country, the third largest economy continues to deteriorate and the specter of a deep recession looms again over investors.

After two quarters of growth, the GDP decreased by 0.9% during the third quarter. On an annualized basis, the contraction is very strong (3.5%) which is its biggest drop since the one that followed the tsunami of March 2011.

The deterioration is mainly due to weak exports to Europe also in recession and to China where Japanese investors and retailers suffer from territorial dispute between the two countries over islands in South China Sea. The deterioration of relations with China affects the Japanese economy, both in trade and in the tourism sector.

In addition, in the domestic market, Japanese household spending fell 0.5% compared to the second quarter. Consumers were more careful as they lost lack of confidence in the future and feared of lower income.

Technically, the dynamics weakens again in an uncertain economic environment. A weekly close below the 8450 level would open the way to a quick return on the 8200 support. We will take short position under 8450 points to target 8200 points and 8000 points by extension. We can trade the break of the 8450 level using the Nikkei 225 1212 Future (code: NKDXXXX on the CME market).


© Zonebourse.com 2012
share with twitter share with LinkedIn share with facebook
share via e-mail

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Chart NIKKEI 225
Duration : Period : Day
Nikkei 225 Technical Analysis Chart | N225 | JP9010C00002 | 4-Traders
Duration : Period : Week
Nikkei 225 Technical Analysis Chart | N225 | JP9010C00002 | 4-Traders