Nikkei 225 Elliott Wave Technical Analysis [Video]
Corporate confidence deteriorates, bankruptcies soar, and the outlook for a rate hike by the Bank of Japan is shrouded in dark clouds.
The data released on Monday shows that in Japan, the service industry confidence deteriorated in October, with more bankruptcy cases emerging. This has cast doubt on the views of the Bank of Japan that, under the impetus of strong domestic demand, Japan is expected to achieve a 2% inflation target.
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