Here's a question for Japanese economic data watchers today ... How much data is too much?
Yikes - plenty on the agenda today!
- GDP (seasonally adjusted) for Q4, final, q/q: expected -0.4%, preliminary was -0.4%, prior 0.3%
- GDP Annualized (seasonally adjusted) for Q4, final y/y: expected -1.5%, preliminary was -1.4%, prior 1.3%
- GDP Nominal (seasonally adjusted) for Q4, final q/q: expected -0.3%, expected -0.3%, prior 0.6%
- GDP Deflator y/y for Q4, final: expected +1.5%, preliminary 1.5%, prior 1.8%
- GDP Consumer Spending (aka private Consumption) y/y for Q4, expected -0.8%, preliminary -0.8%, prior +0.4%
- GDP Business Spending y/y for Q4, expected +1.2%, preliminary +1.4%, prior 0.7%
- BoP Current Account Balance for January, expected ¥ 715.5B, prior ¥ 960.7B
- BoP Current Account Adjusted for January: expected ¥ 1654.8B, prior ¥ 1635.4B
- Trade Balance BoP Basis January: expected ¥ -530.0B, prior ¥ 188.7B
- Bank Lending excluding trusts February y/y: expected 2.4%, prior 2.4%
- Bank Lending including trusts y/y: prior 2.3%
Right, well that took a long time. I don't expect any of this data will impact on the yen much.
No word yet on whether or not Bank of Japan (BOJ) Governor Kuroda is speaking. he seems to do so every day lately, so I expect we'll hear confirmation of his appearing in parliament again today sooner or later.