JAPAN DATA: Japan’s GDP is expected to have posted the first fall in five
quarters in the July-September quarter, showing an annualized contraction of
3.5%, on falls of net exports, personal consumption and capital investment,
according to the median forecast by 12 economists surveyed by MNI. The expected
fall would be the largest since a 7.9% decline in Q1 2011 when major disaster
hit north-eastern part of Japan. 12 institutions are Sumitomo Mitsui Asset
Management, Dai-Ichi Life Research, Japan Research, Morgan Stanley MUFG, NLI
Research, Itochu Research, Mitsubishi Research, SMBC Nikko, Barclays Capital,
Daiwa Institute of Research, Mitsubishi UFJ Morgan Stanley and BNP Paribas. The
Q3 GDP is due out at 0850 JT on Monday, Nov. 12 (2350 ET Sunday).