JAPAN DATA: Japan’s Q2 GDP, which is due out on Aug..

JAPAN DATA: Japan’s Q2 GDP, which is due out on Aug. 13, is expected to
show a firm q/q gain, posting a fourth consecutive quarterly rise thanks
to steady domestic demand such as consumption and public capital
spending, economic institutes said. But the pace of growth is expected
to have slowed in Q2, compared with Q1 when GDP rose an annualized 4.7%
q/q due to leap-year effects. Q2 GDP grew an annualized 1.9% q/q,
according to the average of forecasts from Itochu Economic Research,
SMBC Nikko Securities, the Japan Economic Research Institute and
Norinchukin Economic Research.