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LOCKED Japan News Update – May 21, 2019

Japan GDP: Thanks for Nothing  The Cabinet Office released preliminary GDP data for the January-March 2019 quarter on Monday. Markets were surprised by the 2.1% seasonally adjusted, real annualized growth during the quarter—well above private sector economists’ estimates, which were mostly negative.   However, as a Nikkei headline pointed out, the surprising growth during January-March was nothing […]

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