Japan revises Q2 GDP growth to 1.4% year-on-year
Japan's revised Q2 GDP came in at 1.4% year-on-year, above the preliminary 1.1% estimate.
Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
Japan's revised Q2 GDP came in at 1.4% year-on-year, above the preliminary 1.1% estimate.
Japan's real wages rose 2.4% in July, seventh straight gain, while nominal pay hit 4.7%, fastest since 1997, supporting BOJ rate hike.
Japan's July 2026 average cash earnings rose 4.7% year-on-year, beating the 3.9% forecast, and real wages increased 2.4%.
UBS expects two Fed rate hikes in 2025 after strong jobs data, maintaining a positive equity outlook driven by economic strength.
China releases August trade data today, with export and import growth expected to accelerate, while a beat could support risk currencies like the Australian…
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Eurozone Q2 GDP was revised up to 0.6% q/q on trade, with annual growth at 1.2%, but underlying domestic demand remained soft.
Eurozone Sentix investor confidence index rose to 5.1 in September, its highest since February 2022.
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Germany's industrial production fell 1.1% in July, missing expectations, led by a 9.2% auto sector decline.
German industrial production fell 1.1% in July, sharply missing forecasts, driven by auto sector slump.
US markets closed for Labor Day, leading to thinner liquidity and potential exaggerated price moves. Key inflation data due later this week.
UK permanent hiring increased for the first time since September 2022, while a strong US jobs report raised the odds of a Federal Reserve rate hike.