Japan’s economy grew an annualized 0.2% in June-September, less than the estimate of a 0.8% expansion and +1.3% seen last, the preliminary data from the Cabinet Office showed Thursday. On a quarter-on-quarter, (QoQ) basis GDP expanded 0.1%, compared with a 0.3% growth seen in the previous quarter and a median forecast of 0.2%. USD/JPY kept its range around 108.80, as the JPY was little affected by the downbeat Japanese Q3 GDP first reading. About Japanese GDP 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 Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold: Trade/political uncertainty keep traders guessing ahead of a busy day FX Street 3 years Japan's economy grew an annualized 0.2% in June-September, less than the estimate of a 0.8% expansion and +1.3% seen last, the preliminary data from the Cabinet Office showed Thursday. On a quarter-on-quarter, (QoQ) basis GDP expanded 0.1%, compared with a 0.3% growth seen in the previous quarter and a median forecast of 0.2%. USD/JPY kept its range around 108.80, as the JPY was little affected by the downbeat Japanese Q3 GDP first reading. About Japanese GDP The Gross Domestic Product released by the Cabinet Office shows the monetary value of all the goods, services and structures produced in Japan within… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
