Revised economic growth data from Japan for the April to June quarter of 2025 comes in better than the flash reading for the data did.
GDP Annualized (QoQ): 2.2%
Expected: 1.0%
Previous: 1.0%
GDP (QoQ): 0.5%
Expected: 0.3%
Previous: 0.3%
GDP Private Consumption (QoQ): 0.4%
Expected: 0.2%
Previous: 0.2%private consumption accounts for more than half of the Japanese economy, this jump will be welcome
GDP External Demand (QoQ): 0.3%
Expected: 0.3%
Previous: 0.3%
GDP Capital Expenditure (QoQ): 0.6%
Expected: 1.3%
Previous: 1.3%
At the margin the better GDP data is a positive for the yen.
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Current Account n.s.a. (Jul): 2.684tln
Expected: 3.366tln
Previous: 1.348tln
Bank Lending (YoY) (Aug): 3.6%
Expected: 3.2%
Previous: 3.2%
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ps, Japan Nikkei futures rise 1.5% in early trade.
Yen is off to a weak start with the resignation of Japanese Prime Minister Ishiba
Monday open levels, indicative FX prices, 8 September ’25. Japan PM Ishiba quit, yen lower
USD/JPY update, around 148.10. ICYMI, JPY slammed lower after Japan PM Ishiba resignedUSD/JPY – we got a gap to fill!
This article was written by Eamonn Sheridan at investinglive.com.