URGENT: Japan's July-Sept. business investment down 10.6% on year

Capital spending by Japanese companies fell 10.6 percent in the July-September quarter from a year earlier, government data showed Tuesday.Investment by all nonfinancial sectors for purposes such as building factories and adding equipment totaled 10.80 trillion yen ($103 billion), according to the Finance Ministry.Taking into account the latest capital spending figures, the Cabinet Office is scheduled to release revised gross domestic product data for the third quarter of 2020 on Dec. 8. Preliminary data showed the country’s economy grew an annualized real 21.4 percent from the previous quarte…

Read More

HEDGE accordingly