Japan 1Q14 GDP Growth Upgraded as Investment Soared

Financial markets moved sideways in Asian session on Monday but the overall tone remained bullish, carrying forward the optimism of encouraging US employment report last Friday. We have a light calendar today. In Japan, 1Q14 GDP growth was revised higher to +1.6% q/q from previous estimate of +1.5%.

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Japan 1Q14 GDP Growth Upgraded as Investment Soared