Flash: Abenomics draws focus of investors – NAB

FXstreet.com (New York) - “The performance of the Japanese economy is attracting particularly close attention as investors assess the impact of Abenomics, i.e. the combination of monetary and fiscal easing plus reform intended to end deflation and boost growth.” notes the NAB Research Team.

Ultimately, “yen depreciation will boost exports, output and profits as well as help re-start inflation but getting sustained recovery requires a broader upturn in domestic demand,” the team suggests. The partial data and the surveys show evidence of an industrial upturn as well as a promising looking lift in consumer spending and business sentiment in the service sector – marking a good start for Abenomics.