JAPAN Q2 2018 preliminary GDP and July PPI data on 10.08.2018
- prior -0.2%
- Q2 GDP YoY 1.9% vs 1.4% exp, prior -0.6%, revised -0.9%
- capital expenditure QoQ 1.3% vs 0.6% exp, prior 0.3%, revised 0.5%
- Private consumption QoQ 0.7% vs 0.2% exp, prior -0.1%, revised -0.2%
- External demand QoQ -0.1% vs 0.1% exp prior 0.1%
- Price index YoY 0.1%% vs 0.0% exp, prior 0.5%
- July PPI MoM 0.5% vs 0.3% exp, prior 0.2%
- July PPI YoY 3.1% vs 2.9% exp, prior 2.8%
A global beat. Should keep JPY demand intact and put some upward pressure on those JGB yields. Maybe with some delay as the capital mkt opens at 9am Tokyo time, in 7 minutes.
Latest posts by K-man (see all)
- $CNH living on hopium? Big week for the Yuan this. - January 13, 2020
- A mildly positive risk market on the open? - November 24, 2019
- A huge USD week. This time it’s different, isn’t it? - October 30, 2019