Companies appear to have turned cautious because of the possibility of spikes in crude oil prices, which could hit corporate profitability. Oil prices have been stable recently, but are still generally at high levels.

The economy is still growing, albeit at a more moderate pace than in the previous quarter.

Companies appeared to be cautious because of the possibility of spikes in crude oil prices which could hit corporate profitability.

Latest trade figure came in above market consensus forecast. This is because of a steady recovery in Japan’s exports.