The Nikkei overnight on Gross Domestic Product expectations for the April to June quarter
Expected to be an annualized +2.6% from the previous quarter
- Higher domestic demand
- Higher capital investment & personal consumption
- Growth driver shifting from exports to domestic demand
- Corporate earnings are recovering
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GDP data for Q2 is out from Japan on August 14
If we get a positive GDP result, as seems pretty much a given (famous last words?) it'll be 6 consecutive quarters of growth, and the first time that has happened in 11 years
