Quotes from Bank of Cyprus:
-Japan's economic future, meaning the firm and full implementation of Abe's programme, is assuming a continued global economic recovery. On the positive side though, the unemployment rate is recorded at 3.5%, corporate profit expansion through a weak yen, probably will lead to wage increases and hopefully domestic demand will boost GDP growth.
-Although, the Nikkei Index performed exceptionally well (accompanied with an ultra weakening yen) we retain our neutral outlook for Japan, as structural reforms designed toboost domestic demand, particularly in the job market sound very aggressive to implement. In addition, if exports do not increase further during the first months of 2015, the economy most likely will fall into recession.
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