Japan Q2 capex recap fuels optimism for a domestic recovery, and case for more BOJ hikes ...Middle East

forex live - News
Japan Q2 capex recap fuels optimism for a domestic recovery, and case for more BOJ hikes
Japanese corporate spending on plant and equipment surged in the second quarter:Japan Q2 business capex +7.4% y/y (vs. expected +9.9%, prior +6.8%)Analyst takes I'm seeing are noting the data is fuelling optimism for a domestic-led recovery and bolstering the case for more interest rate hikes from the Bank of Japan in the coming months.The strong capex data, set to influence revised GDP figures due on September 9, aligns with a recent factory survey showing a softer contraction in manufacturing activity. indeed, we saw some improvement in the manufacturing PMI data released also todaY:Jibun Bank Japan manufacturing purchasing managers index 49.8 in August (vs. 49.1 prior)This reinforces the

Hence then, the article about japan q2 capex recap fuels optimism for a domestic recovery and case for more boj hikes was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Japan Q2 capex recap fuels optimism for a domestic recovery, and case for more BOJ hikes )

Apple Storegoogle play

Last updated :

Also on site :