Deeper Analysis
U.S. and Japanese GDP Growth Profiles Compared
August 12, 2013
Between the first and second quarters of 2013, real GDP expanded at annual rates of 1.7% in the United States and 2.6% in Japan. This was the third consecutive quarter of positive Japanese growth following last year’s recession. Over those three quarters, Japanese annualized growth of 1.8% also surpassed U.S. growth since 3Q12 of 0.7%. […] More
New Overnight Developments Abroad - Daily Update
Japanese GDP Data Weaker than Forecast
August 12, 2013
The dollar opened this week with gains of 0.6% against the yen and Swissie, 0.4% versus the Aussie and New Zealand dollars, 0.3% relative to the euro, 0.2% vis-a-vis the loonie and 0.1% against sterling. The yuan matched the U.S. currency’s advances. Stocks in the Pacific Rim closed mixed, with drops of 0.9%, 0.7% and […] More
