Macro Investors
September 13, 2024 BONUS >> What the latest economic indicators reveal
BECOME MY FRIEND
💎 Get your Mentorship FREE here
🎙 PODCAST
📢 Bonus to must read FOR INVESTORS
⚡ Japan's Q2 GDP (0.7%)
Japan's economy grew by 0.7% in the second quarter, just missing the forecast of 0.8%. Still, it’s a significant improvement from last quarter’s contraction of -0.6%.
The Japanese market tends to respond positively to such growth - even if it’s modest.
For example, when Japan’s GDP rose by 0.5% in early 2021, we saw the Nikkei 225 climb by 7.2% in the following quarter.
It might not be a huge leap forward, but this signals stability, which could be positive for investors eyeing the Japanese market.
Keep reading with a 7-day free trial
Subscribe to Macro Mornings 💡 to keep reading this post and get 7 days of free access to the full post archives.