2012年7月1日星期日

Some analysts, however

The June tankan ray ban wayfarer, compiled between May 29 and June 29, showed big manufacturers revised up their dollar/yen estimates for the current fiscal year, ending in March 2013, to 78.95 yen from 78.14 yen in the previous survey, a sign the pain from the strong yen may be easing. Some analysts, however, warn that Japan's economic recovery will be vulnerable to external shocks, such as a yen spike and slowing growth in big export markets like China, given that the boost from rebuilding for last ray ban sunglasses popular for women year's earthquake is expected to fade toward the end of this year. "Companies have not changed their dollar-yen rate assumptions much but they have revised up their capital spending and profit forecasts. This shows business confidence is on an uptrend," said Naoki Iizuka, senior economist at Mizuho Securities in Tokyo. "The BOJ may nevertheless be prompted to act this month as the European Central Bank is likely to loosen policy this week and the Federal Reserve has hinted at further easing." The BOJ set an 1 percent inflation target and eased policy in February, and followed up with another monetary stimulus in April to show its determination to ray ban sunglasses classic 2012 on sale beat deflation.

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