The rate of unemployment in Japan marginally rose during the month of November, adding to already persisting worries over the ailing state of the economy. However, the availability of jobs improved during the period, which slightly offset the concern.
Japan’s jobless rate came in at a seasonally adjusted 3.1 percent in November, data released by the Ministry of Internal Affairs and Communications showed Tuesday. That was above forecasts for 3.0 percent, which would have been unchanged from the October reading.
The job-to-applicant ration climbed to 1.41, matching forecasts and up from 1.40 in the previous month. The participation rate was 60.0 percent, down from 60.4 percent a month earlier.
Meanwhile, the USD/JPY traded at 117.28, up 0.16 percent, while at 6:00GMT, the FxWirePro's Hourly Yen Strength Index remained highly bullish at 114.48 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex


India Manufacturing Growth Hits Seven-Month High in September
Asian Stocks Rise as Chipmakers Rally on Micron Earnings
Scope Warns US Debt Could Hit 160% of GDP
Oil Prices Surge as U.S.-Iran Tensions Fuel Supply Fears
IMF Says Global Bond Markets Remain Orderly Despite Yield Surge
Asian Currencies Mixed as Yen Slides on BOJ Rate Signals
South Korea Exports Surge 83.5% on AI Chip Boom
Gold Prices Slip as High Treasury Yields Weigh on Bullion 



