A look at the data agenda ahead of US holidays today, Monday, February 17, 2025.
The focus for the session is on Japan’s GDP data, for the final quarter of 2024:
- the expected 0.3% q/q rise is based on the recovery of private spending and exports
- wages and retail sales improved
- on exports, a positive contribution is expected from vehicle production returning to more normal levels during the quarter, but also from a low ‘base effect’ impacting the y/y figure – last year the same quarter saw earthquake-related production interruptions
This article was written by Eamonn Sheridan at www.forexlive.com.
