Japanese tax revenues to fall by JPY 1trln next year


    Shutterstock photo

    Forecast according to Reuters sources 1 Dec

    • tax revenues f/cast to fall by as much as JPY 1 trln next year
    • tax revenues are set to undershoot govt f/casts of JPY 57.6trln for FY 2017 ending March
    • stronger yen trimming corp revenues

    USDJPY back below 114.00 after another GBPJPY-led rally took it to 114.17, GBPUSD posting gains to 1.2539 before also running into fresh supply.

    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



    This article appears in: Investing , Forex


    More from ForexLive

    Subscribe






    ForexLive
    Contributor:

    ForexLive

    Follow on: