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Market Talk – July 7, 2022 | Armstrong Economics

ASIA: Japanese Ambassador to Sri Lanka Mizukoshi Hideaki on Friday said that Japan is ready to support Sri Lanka for its economic program with the International Monetary Fund (IMF) and for the development activities of the country. The President's Media Division said that during the discussion between the Japanese Ambassador and Sri Lanka President Gotabaya ....

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Market Talk – July 7, 2021 | Armstrong Economics


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ASIA:
Japan’s government expects the country’s economy to rebound to pre-COVID-19 levels by the end of March 2022, with a government official touting a strong domestic vaccine rollout and robust growth as the main upward drivers. Revised estimates show that Japan’s economy shrank less over 2021 than initially predicted, with uprated figures showing a gross domestic product (GDP) decline of 3.9% rather than the initial 5.1% predicted.
The major Asian stock markets had a mixed day today:
NIKKEI 225 decreased 276.26 points or -0.96% to 28,366.95
Shanghai increased 23.46 points or 0.66% to 3,553.72
Hang Seng decreased 112.24 or -0.40% to 27,960.62
ASX 200 increased 65.10 points or 0.90% to 7,326.90 ....

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