real-time news and commentary for investors
Sunday, Sep 8
Japan Q2 GDP revised up, Nikkei rallies
- Japan final Q2 GDP: +3.8% versus +3.7% expected and +2.6% preliminary.
- As tipped by JPMorgan and UBS last week, the improved GDP number was fueled by a more upbeat read on capital expenditures, which were revised up to +1.3% for the period from an initial reading of -0.1%.
- Official release
- Nikkei +2.13% in early trading
- ETFs - Stocks: EWJ, NKY, EWV, EZJ, ITF, JSC, JPP, DXJ, SCJ, DFJ, FJP, JPNL, JPNS, DXJS. Bonds: JGBT, JGBL, JGBS, JGBD. Currency: FXY, JYN, YCL, YCS