Japan Gross Domestic Product (QoQ) For Q2 1.2% Vs. 1.5% Est.; 0.8% (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's Gross Domestic Product (GDP) for Q2 has been reported at 1.2%, lower than the estimated 1.5% and higher than the revised prior of 0.8%.
September 08, 2023 | 4:13 am
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NEGATIVE IMPACT
Japan's lower than expected GDP growth may negatively impact BBJP, an ETF that tracks Japanese equities.
BBJP tracks Japanese equities and a lower than expected GDP growth indicates a slower economy which could negatively impact the performance of these equities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Japan's lower than expected GDP growth may negatively impact DXJ, an ETF that tracks Japanese equities.
DXJ tracks Japanese equities and a lower than expected GDP growth indicates a slower economy which could negatively impact the performance of these equities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Japan's lower than expected GDP growth may negatively impact EWJ, an ETF that tracks Japanese equities.
EWJ tracks Japanese equities and a lower than expected GDP growth indicates a slower economy which could negatively impact the performance of these equities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100