Researchers at UOB Group assessed the solid performance from the Japanese GDP figures.
“Japan’s economy expands for the 7th straight quarter by 0.3%q/q, 1.4%q/q SAAR in 3Q 2017, recording its best growth streak in 16 years, since 2001”.
“Growth was mainly supported by the rebound in net exports, helping to offset the dip in private consumption & government spending while business spending grew at a slower pace in 3Q”.
“We maintain our 2017 GDP growth forecast of 1.3% after the positive growth outturn seen in the first nine months of the years even as we factor in a potential moderate decline in 4Q 2017”.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.