Japanese Q2 GDP will be the main focus (OK … the Chinese stock market will be the main focus 😀 )
All at 2350GMT:
– GDP (seasonally adjusted) for Q2, FINAL, q/q: expected -0.5%, prior 1.1% , the preliminary was -0.4%
The preliminary GDP release (a couple of weeks ago) was disappointing for the Japanese administration. Talk of more BOJ stimulus just will not go away (). Not also the and the factors are settling into place for another pop in yen crosses (but, be aware of the around 125 in USD/JPY)