German GDP Growth Rate QoQ Flash (Q1) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.3%)
The German GDP growth rate for Q1 came in at 0.3%, slightly beating expectations of 0.2%, while the previous quarter's growth remained unchanged at 0.3%.
BoJ maintains May outright bond buying operations at the same levels as April
Iran’s Navy Commander says the Islamic Republic will soon unveil a new weapon that would deeply terrify the enemy, IRNA reports
German GDP Growth Rate QoQ Flash (Q1) Q/Q 0.3% vs. Exp. 0.2% (Prev. 0.3%)
Japanese Finance Minister Katayama says timing to take decisive action is near; "we are getting closer to taking decisive steps in FX"; have long mentioned possible bold action on FX; monitoring FX while on holiday
[MARKET UPDATE] USD/JPY immediately falls 60 pips following comments from Japanese Finance Minister Katayama
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This positive print suggests resilience in the German economy, potentially reinforcing the outlook for further growth and influencing the ECB's policy discussions in favor of maintaining or tightening monetary conditions.
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