Japan to escape GDP crash in Q2 but virus spike clouds outlook – Forex News Preview
Posted on August 14, 2020 at 12:21 pm GMTJapan looks set to enjoy a rare feat of being at the top of the G10 growth league in the second quarter when it reports its GDP estimate on Monday (Sunday, 23:50 GMT). But the achievement will hardly be celebratory as Japan had already entered recession in Q1. Moreover, despite having initial success in containing the coronavirus outbreak, the country is now facing a second wave of infections that dwarfs the first one. Nonetheless, the data is not expected to [..]