Japan Domestic Corporate Goods Price Index (MoM) came in at 0.5%, above forecasts (0.3%) in July

Japan Domestic Corporate Goods Price Index (YoY) came in at 3.1%, above forecasts (2.9%) in July

Japan Gross Domestic Product (QoQ) registered at 0.5% above expectations (0.3%) in 2Q

Japan Gross Domestic Product Annualized registered at 1.9% above expectations (1.4%) in 2Q

GBP/JPY struggling to hang onto 142.50 ahead of Japan and UK GDP

The Sterling continues to struggle to find bidders, slumping to a 12-month bottom against the JPY. Friday sees GDP figures for both the Yen and the Pound, and volatility can be expected to remain high. The GBP/JPY is trading into 142.50 heading into Friday's action; the Sterling attempte ...

Russia denounces new US sanctions, weighing retaliation

Tensions are on the rise between the US and Russia, with Russia calling the newest round of sanctions from the US as 'illegal' and threatening to lash out in response. Key quotes "Moscow has been trying with mixed success to improve battered U.S.-Russia ties since Donald Trump wo ...

New Zealand Electronic Card Retail Sales (YoY) dipped from previous 4.9% to 4.5% in July

New Zealand Electronic Card Retail Sales (MoM) declined to 0.7% in July from previous 0.8%

Japan GDP expected to improve, but trade risks remain – Reuters

As reported by Reuters, Japan is expecting a positive reading of GDP figures for Friday, but headwinds remain in place as trade wars threaten global stability. Key quotes "The economy is forecast to have grown 1.4 percent on an annualized basis in April-June. That would follow a 0.6 percen ...

New Zealand Business NZ PMI down to 51.2 in July from previous 52.8

When is Japan’s GDP, and how could it affect the USD/JPY?

Japan GDP overview Late Thursday sees Japan's latest quarterly GDP dropping at 23:50 GMT, just before the Friday rollover, and 2018's Q2 is expected to see Annualized GDP kick up to 1.4% versus the previous period's -0.6%, while the q/q GDP is expected to come in at 0.3% (las ...

CPI preview: headline CPI to increase 0.2% – Nomura

Analysts at Nomura explained that they expect headline CPI to increase 0.2% (0.227%) m-o-m in July (Consensus: 0.2%), pushing up its y-o-y change to 3.0% (2.993%, Consensus: 2.9%) from 2.9% previously. Key Quotes: "Excluding food and energy prices, we expect a reversal of declines in volatil ...

NZD/USD: shifts in support to 0.6510 and resistance to 0.6670 – ANZ

Analysts at ANZ explained that the RBNZ has put itself right at the back of the global pack when it comes to future policy tightening. Key Quotes: "The RBNZ has put itself right at the back of the global pack when it comes to future policy tightening (and it could still ease too, o ...