Don't compare your trades to others. Most often the masses are the asses
- #81,042
- Aug 7, 2019 2:04pm Aug 7, 2019 2:04pm
- Joined Nov 2018 | Status: Trader | 4,643 Posts
{image}
ex nihilo
Japan GDP • Thursday 9.8.2019.
Following surprising growth of 2.2% QoQ annualized in Q1, the Japanese economy has showed signs of slowing down in Q2.
In late June, the Tankan survey, an index used as an indicator of GDP growth, suggested GDP in Japan may be underwhelming in Q2. The large enterprises manufacturing index and outlook softened from Q1, while the small enterprises manufacturing index and outlook contracted in Q2.
Leading economic activity indicators have also been relatively subdued, in particular industrial output. Industrial production has contracted the last five months, with output falling 4.1% YoY in June, a much sharper decline than what consensus forecasts suggested.
In response to a decelerating economy, the Bank of Japan (BoJ) has suggested further monetary easing may be warranted. While I do not expect the BoJ to make any policy adjustments at this time, a sharper-than-expected slowdown in Q2 could push the BoJ to take a more dovish stance.
Previous: 2.2%
Consensus: 0.6% (Quarter-over-Quarter, Annualized)
If you want to see more event previews you can find them in the High Impact Events Trading thread.
Following surprising growth of 2.2% QoQ annualized in Q1, the Japanese economy has showed signs of slowing down in Q2.
In late June, the Tankan survey, an index used as an indicator of GDP growth, suggested GDP in Japan may be underwhelming in Q2. The large enterprises manufacturing index and outlook softened from Q1, while the small enterprises manufacturing index and outlook contracted in Q2.
Leading economic activity indicators have also been relatively subdued, in particular industrial output. Industrial production has contracted the last five months, with output falling 4.1% YoY in June, a much sharper decline than what consensus forecasts suggested.
In response to a decelerating economy, the Bank of Japan (BoJ) has suggested further monetary easing may be warranted. While I do not expect the BoJ to make any policy adjustments at this time, a sharper-than-expected slowdown in Q2 could push the BoJ to take a more dovish stance.
Previous: 2.2%
Consensus: 0.6% (Quarter-over-Quarter, Annualized)
If you want to see more event previews you can find them in the High Impact Events Trading thread.
Through the light of enlightenment, darkness unveils the path of truth.
- #81,044
- Aug 7, 2019 3:05pm Aug 7, 2019 3:05pm
- Joined Jan 2019 | Status: Trader | 2,656 Posts
Don't compare your trades to others. Most often the masses are the asses
- #81,045
- Aug 8, 2019 5:40pm Aug 8, 2019 5:40pm
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
- #81,050
- Aug 9, 2019 7:02am Aug 9, 2019 7:02am
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
- #81,052
- Aug 9, 2019 8:02am Aug 9, 2019 8:02am
- Joined Jan 2019 | Status: Trader | 2,656 Posts
Don't compare your trades to others. Most often the masses are the asses
- #81,053
- Aug 9, 2019 8:09am Aug 9, 2019 8:09am
- Joined Jan 2019 | Status: Trader | 2,656 Posts
Don't compare your trades to others. Most often the masses are the asses
- #81,055
- Aug 9, 2019 9:08am Aug 9, 2019 9:08am
- Joined Jan 2019 | Status: Trader | 2,656 Posts
Don't compare your trades to others. Most often the masses are the asses
- #81,057
- Aug 9, 2019 9:27am Aug 9, 2019 9:27am
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
