Archive for August 12th, 2013

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