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Japan's GDP Beat Expectations, RBNZ To Cut Rate

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 8, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Against all odds, Japan's gross domestic product rose at a 1% annualized rate vs 0.2% expected and way above the preliminary reading of -0.8%. As a result, Japan is avoiding technical recession, which consists of two consecutive quarters of economic contraction. It turns out that corporate capital spending, as well[​IMG]

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