German GDP Growth Rate YoY Flash (Q1) Y/Y 0.3% (Prev. 0.4%)
The flash estimate for Germany's GDP growth rate at 0.3% YoY, down from the previous 0.4%, signals a slight deceleration in economic performance.
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 YoY Flash (Q1) Y/Y 0.3% (Prev. 0.4%)
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 could reflect softening domestic demand or external pressures, raising concerns about the overall health of the Eurozone economy, and might influence the ECB's future policy decisions, especially regarding interest rates and economic support measures.
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