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Asia Focus Video: Japan's woes persist - PM resigns, ratings cut, deflation and yen strength struggles
Japan definitely stole the headlines in Asia this week. It started with a credit ratings downgrade by Moody's and then the announcement of new government measures to counter appreciation of the Japanese yen. It ended with the resignation of the prime minister and the release of July CPI data which, though showing a slight improvement, the weak economy is still struggling to break out of a deflationary environment. Andrew Robinson, Correspondent for Saxo Capital Markets, discusses Japan's troubling situation.
See more of Andrew's Asian market commentary on TradingFloor.com
06:39 minutes
Tags: andrewrobinson, asia, cpi, credit rating, deflation, forex, japan, japanese finance minister, japanese prime minister, japanisation, moody's, naoto kan, reutersforex, tradingfloor.com, yen, yoshihiko noda