Japan keeps overall view on the economy in July

<p>The overall assessment on the economy was maintained as "recovering moderately" with consumption, capital expenditure and exports remaining firm. But the government now says that the assessment on current business conditions is "picking up", an improved view for the first time in 7 months at least.</p><p>However, they did note that tighter global monetary policies, higher prices and financial market volatility are still risks to the recovery.</p>

This article was written by Justin Low at www.forexlive.com.