At 01:50 (GMT+2), data on Japan's gross domestic product (GDP) for the first quarter of 2024 will be presented. It is the main indicator reflecting the state of the national economy, which takes into account domestic consumption, investment, government spending, and exports. The value is expected to decrease from 0.1% to -0.4% QoQ and from 0.4% to -1.5% YoY, while the deflator will drop from 3.9% to 3.3%. If the forecast proves right, the yen may fall under pressure.
