Hot Economic News Releases

The Japanese consumer confidence improved for the sixth straight month in June, reaching its highest level in almost three years, a sign of an increase in economic recovery in the archipelago.

The index measuring the sentiment of households, which reflects their views on income and employment, reached 43.5 in June, its highest since September 2007, according to figures released Tuesday by government departments. In May, the index was at 42.8.

The government has revised upwards its opinion on the mood and now believes it is oriented towards improvement.

The index remains below 50, meaning that pessimists still outnumber optimists.

• Sharp rise in durable goods orders in the U.S.
• Unemployment at its highest since 1994 in Britain
• Wall Street scope for optimism even though risks remain
• U.S. growth revised up in Q2
• The number of jobs created in the U.S. disappoints in June

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