Japan’s Q3 GDP -0.5% qtr/qtr (expected -0.1%; last 1.1%); -2.1% yr/yr (expected -0.6%; last 4.5%).
Q3 Capital Expenditure -0.6% qtr/qtr (expected 0.3%; last -1.0%)
GDP Private Consumption 0.0% qtr/qtr (expected 0.2%; last -0.9%).
September Industrial Production 0.5% m/m (expected 0.2%; last -0.7%) and Capacity Utilization 0.4% m/m (last 0.5%)
Japan reported a sharper than expected contraction in its flash GDP report for Q3 while the country’s Economy Minister said that the risk of a global slowdown is weighing on Japan.
The Bank of Japan reduced its scheduled bond buying plans.