The Bank of Japan Kept its Massive Monetary Stimulus Unchanged, German Industrial Output Drops

Finally Japanese Yen stronger against US Dollar, Bank of Japan Maintains Monetary Policy Stimulus, The Bank of Japan kept its massive monetary stimulus unchanged on Tuesday as widely expected by economists and downgraded its view on industrial production as weak spending hurts output and sentiment. The central bank maintained its pledge to increase the monetary base at an annual pace of about JPY 60- JPY 70 trillion, moderate decision


Meanwhile, Berlin economic latest update, German Industrial Output Drops Most Since 2009, German industrial production declined at the fastest pace since January 2009 underlining that the largest euro area economy is moving further down after contracting in the second quarter. Industrial production fell 4 percent month-on-month in August following the revised 1.6 percent rise in July. This was the biggest annual decline since January 2009


London economic latest data, U.K. August Industrial Output Remains Unchanged, U.K. industrial production remained unchanged in August as maintenance at North Sea dampened oil and gas extraction. Not so much movement, Industrial output remained flat in August from July, when it rose 0.4 percent, the Office for National Statistics reported Tuesday. The decline in oil and gas extraction largely due to the maintenance work in the North Sea usually hurts August industrial production, British economic still growth