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