Japan on the verge of economic crisis

Diposting oleh ECONOMY, POLITICS AND CULTURE | 02.05 | , , , | 0 komentar »

A few days after the earthquake and tsunami struck Japan, Japanese stock market began to experience turbulence. Some market participants began to exit the market to save their funds. It also affect the forex market. Pair USD/JPY which was originally able to survive on level 77, even had time to penetrate the numbers 76.47 on 17 March 2011, today moved up to level 81.85.
Japan's disaster was also caused Japanese automotive market was shaken. Supply auto parts to automotive factories in countries that assemble Japanese production vehicle to be blocked. Even this disaster is predicted to lead to new economic crisis in the country sakura.

0 komentar