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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Japan May Revise Up Q4 GDP On MOF Capex Survey
Combined capital investment by non-financial Japanese companies excluding software rose 2.7% q/q in the fourth quarter reversing from a 1.1% decline in Q3, a quarterly revised survey released by the Ministry of Finance on Wednesday showed.
Based on the MOF data on capex and inventories, the government is likely to revise up its preliminary estimate of Q4 for real GDP.
The MOF survey, based on the demand side, is the key to calculating Q4 GDP revisions that are due on March 9, and indicated that capex will be revised up from a preliminary estimated gain of 0.4%, see: MNI BRIEF: Japan Capex Dip To Lead To Downward Q3 GDP Revision.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.