Japan data, improved economic growth data from the preliminary reading. USD/JPY little changed.
Private consumption came in at +0.7% q/q from +0.9% in the prelim, so that's not a good result.
- Capex not as bad at prelim at -0.1% q/q from -0.2%
- Domestic demand +0.5% q/q from +0.6%
The better headline will be some encouragement for the Bank of Japan to hike. The December meeting is still looking uncertain for a hike, but political support seems to be firming:
