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Trading news
17 Feb 2020
Japanese GDP SA (QoQ) Q4 P -1.6% (est -1.0%; prevR 0.1%; prev 0.4%)
Japanese GDP SA (QoQ) Q4 P -1.6% (est -1.0%; prevR 0.1%; prev 0.4%)
Description
The Gross Domestic Product released by the Cabinet Office shows the monetary value of all the goods, services and structures produced in Japan within a given period of time. GDP is a gross measure of market activity because it indicates the pace at which the Japanese economy is growing or decreasing. A high reading or a better than expected number is seen as positive for the JPY, while a low reading is negative.
FX implications