Economy

$$ Japanese GDP Hints at Global Weakness

by Phantasmix
  • Japanese Q/Q GDP came in at +0.1%, well below analyst’s estimates.
  • The news also sees Japan drop to become the third largest economy in the world behind the US and China. — I thought this was interesting.
  • As the global go-to currency in times of fear, the news has ironically increase demand for the Japanese yen.