1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Japan's GDP beat expectations, RBNZ to cut rate

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    Forex News and Events Japan’s 3Q GDP increased (by Yann Quelenn) 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 as consumption were better-than-expected and drove GDP higher. The major information out of those prints is that the

    Continue reading...
     

Share This Page