OctaFX | OctaFX Forex Broker
Open trading account
Back

Japan Cabinet Office lowers FY 2018, 2019 GDP growth forecasts

The Japanese Cabinet Office issues the new economic forecasts, in light of the natural disasters and weakening export demand due to trade tensions.

Key Highlights:

GDP:

Economy to grow 0.9 percent in fiscal 2018 (ends in March), down from previous projection of 1.5 percent.

Fiscal 2019 +1.3 percent (down from previous +1.5 percent).

Capital expenditure:

+3.6 percent in fiscal 2018.

+2.7 percent growth in fiscal 2019.

CPI:

+1.0 percent this fiscal year (down from 1.1 percent forecast previously).

Fiscal 2019 +1.1 percent (from +1.5).

AUD/USD Technical Analysis: AUD is teasing falling wedge breakout

Hourly Chart Trend: Bullish AUD/USD Overview:     Today Last Price: 0.7197     Today Daily change: 21 pips     Today Daily change %: 0.293%
Read more Previous

UK PM May to present 3 Brexit countdown options to Cabinet – The Times

The UK Times carried a story earlier today, citing that the UK PM Theresa May is likely to present three Brexit countdown options to the Cabinet, acco
Read more Next
Start livechat