Japan Q3 GDP data on 13.11.2018.

  • GDP q/q prior 0.7%., revised to 0.8%
  • GDP y/y -1.2% vs -1% exp, prior 3%.
  • GDP deflator y/y -0.3% vs 0.1% prior.
  • Capital expenditure q/q -0.2% vs 0.6% exp, prior 3.1%.
  • Private consumption q/q -0.1% vs -0.2% exp, prior 0.7%.
  • GDP external demand q/q -0.1% vs -0.1% exp, prior -0.1%

Mostly weaker than weak expectations. JPY not moving much as per usual on Japanese data in Tokyo but Abe nor BOJ should like this.
More stimulus is underway soon.

K-man

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