- Japan's economy expanded by a much higher-than-expected 4% in Q2, extending the longest streak of uninterrupted expansion (six quarters) in 11 years.
- Growth was driven by robust domestic demand, as consumer spending and capital expenditure both rose at their fastest rates since 2014.
- With a rising yen, the benchmark Nikkei fell 1% following the news, as markets reopened after a public holiday last week.
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