According to a Reuters monthly poll, a majority of the Japanese companies want the Japanese authorities to go ahead with the October sales tax hike, but at the same time, call on the government to boost stimulus measures in effort to soften the blow on the economy. Key Findings: “About 80 percent of companies surveyed say authorities should go ahead with the hike, the poll showed. Some 18 percent said no extra stimulus was needed, but 61 percent said additional steps are necessary. Just 21 percent said the planned tax increase should be scrapped altogether, according to the April 3-15 survey. Some respondents said boosting government spending defeats the point of the tax hike. Others expressed concern that the tax hike would undermine Japan’s economic growth, which is already weak. The Reuters Corporate Survey, conducted monthly for Reuters by Nikkei Research, polled 478 large and mid-sized firms with managers responding on condition of anonymity. About 230 firms answered the questions on the sales tax issue.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Technical Analysis: Bid in holiday-thinned trade, bullish channel breakdown confirmed FX Street 4 years According to a Reuters monthly poll, a majority of the Japanese companies want the Japanese authorities to go ahead with the October sales tax hike, but at the same time, call on the government to boost stimulus measures in effort to soften the blow on the economy. Key Findings: "About 80 percent of companies surveyed say authorities should go ahead with the hike, the poll showed. Some 18 percent said no extra stimulus was needed, but 61 percent said additional steps are necessary. Just 21 percent said the planned tax increase should be scrapped altogether, according to the April 3-15… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
