The Japanese economy issued its report today, showing that economy expanded at the slowest pace in three quarters as global demand retreated, which led to weak the nation’s export, signaling that the recovery in the world’s second largest economy is losing steam.

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Japan’s Economy Grew At A Mild Pace During Second Quarter

The Australian economy issued today a report showing that Australian employment change increased as employer hire more worker for the fifth consecutive month in July as extending a job boom, which increase the pressure on the central bank to raise interest rate next year.

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Australian Employment Came Beating Expectations

The Japanese economy issued its report to shoe the Japanese machinery orders inclined less than expectations during June, signaling that Japanese companies may hold off its spending as the economy faces Yen edging towards 15-years high, which will impede the Japanese economy and will derail nation’s export.

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Japanese Machine Orders Increases Less Than Expectations In June