Here’s the whole slate of data.
19:50 – Japan GDP (QoQ) – Actual: 1.5 e:1.0% p:0.2%
19:50 – Japan GDP Price Index (YoY) – Actual: 0.0% e: -0.1% p: -0.3
19:50 – Japan Tertiary Industry Activity Index (MoM) – Actual: 2.4% e: 2.5% p: -1.0%
19:50 – Japan Foreign Bonds Buying – Actual: 345.7 p: 70.8 billion
19:50 – Japan GDP (YoY) – Actual: 5.9 e: 4.2% p: 0.7%
Updates to follow.
UPDATE: After some initial hesitation on what to do with the positive numbers, my chart shows USD/JPY dipping below the crucial 101.800 level that Adam highlighted earlier. Although, as of now only by about 8 pips.
Crossing the wires now: Japan’s economic minister Amari said he expects private consumption to improve gradually with job conditions.
Amari also blamed poor exports on emerging market economies and the uncertainty surrounding Chinese economic growth.
