Archive for August 13th, 2014

New Overnight Developments Abroad - Daily Update

Several Instances of Weak Data Released Today

August 13, 2014

Japanese real GDP fell 6.8% annualized in the second quarter. ┬áThe decline reversed the first-quarter gain but was not quite as much as analysts had feared. ┬áBecause of a 20.5% dive in imports, net exports enhanced the growth rate by 4.4 percentage points, and involuntary inventory building accounted for another 3.9 percentage points of growth. […] More

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