Japan’s economic expansion in Q1 was weaker than initially estimated, as a sharp downward revision to corporate investment offset improvements in consumption and trade. Revised government figures showed real GDP grew at an annualized 1.8% pace in January-March, down from the preliminary estimate of 2.1%, while quarter-on-quarter growth was revised from 0.51% to 0.45%. The […]
The post Japan Growth Downgraded to 1.8% as Capital Spending Weakens appeared first on ActionForex.
Key Takeaways AI-driven equities face their biggest setback in months. A sharp selloff in semiconductor and technology stocks, triggered by valuation concerns and disappointing guidance from key AI-related companies, has halted the nine-week Wall Street Read more…
Three major events dominate the week ahead, but they all revolve around a single question: how much of the recent oil shock will ultimately feed into inflation and alter the policy outlook? Last week’s stronger-than-expected Read more…
Key Highlights EUR/USD started a major decline below 1.1600 and 1.1580. It traded below a contracting triangle with support at 1.1595 on the 4-hour chart. GBP/USD is again moving lower from the 1.3500 resistance zone. Read more…