Japan Q1 GDP (final)

Q1 GDP (sa) +1.0% q/q

  • expected is +0.7% q/q (preliminary was +0.6%)

Q1 GDP annualized (sa) +3.9%

  • expected is +2.8% (preliminary was +2.4%)

Nominal GDP (sa) +2.3% q/q

  • expected is +1.9% and preliminary was +1.9%

GDP Private Consumption +0.4% q/q

  • expected is +0.4% and preliminary was +0.4%

GDP Business Spending +2.7%

  • expected +2.1, preliminary was 0.4%

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Big beat for the GDP data

I'll have more to come

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Meanwhile ... USD/JPY, is this thing on?