Positive macroeconomic statistics from Japan | 09 Agosto 2019

09 Agosto 2019, USD/JPY

Positive macroeconomic statistics from Japan

USDJPY trading plan:

Positive macroeconomic statistics from Japan will have a positive impact on the stock markets. This is a good factor for bulls as there is a correlation between USDJPY and Nikkei 225. Gross domestic product grew an annualized 1.8% in the second quarter. Private consumption, which accounts for about 60% of the economy, rose 0.6%. Capital expenditure also rose 1.5%, nearly double the pace of increase projected by traders. The USA-China trade war has no negative impact on Japan's GDP now. Japan's Nikkei average gained 0.6%, while Australian stocks added 0.2% and South Korean shares climbed 1.1%.

Trading recommendation: Buy 105.80 and take profit 106.30.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus