Japanese Economy Contracts At Record Pace
Japanese Economy Contracts At Record Pace
Japanese Preliminary GDP Actual -4.0%, Expected -4.2%, Previous -3.2%
Release Explanation: The Gross Domestic Product is a comprehensive measure of a Japan’s overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. GDP announcements generally conform […]
Japanese GDP Contracts As Expected Dollar Constructive Through The Night
Japanese GDP Contracts As Expected – Dollar Constructive Through The NightMarket Brief
The Japanese economy contracted a record 4% (-15.2% Annualized rate) in the first quarter but was largely in-line with expectations, the Yen failed to move substantially – testament to the fact that this sharp decline in GDP was already priced into the markets. Japan’s […]
Japanese Retail Sales Slump For A Seventh Month
Japanese Retail Sales Slump For A Seventh Month
Japanese Retail Sales Actual -3.9%, Expected -4.8%, Previous -2.4%
Release Explanation: Retail sales are the measure of the total sales of goods and services by retail stores in Japan. This is also an important part of figuring the country’s GDP. ‘Retail sales are an important measure of consumer […]