Japanese economic growth data for the January – March quarter.
The flash reading for this is here:
more to come
GDP in Q1 +0.9% q/q, the first gain in q3 quarters
- preliminary was +0.4%, prior was 0.0%
+2.7% y/y
- prelim was +1.6%, prior +0.1%
Capital Expenditure +1.4%
- prelim +0.9%, prior -0.5%
Private Consumption +0.5% q/q
- prelim +0.6%, prior +0.3%
These are surprising and solid results from Japan and have given yen a blip stronger:
This article was written by Eamonn Sheridan at www.forexlive.com.