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

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