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Japan Q3 GDP: What will happen to the USD/JPY pair and the Nikkei 225 index?


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Gross Domestic Product of Japan is expected to grow 0.6% in the last quarter of 2017 compared to the previous quarter. Most of the economists believe that the Nikkei 225 index will continue to rise based on Japan’s great data.
Another important data, this time for the USD/JPY pair, will be US retail sales on Wednesday. According to the forecast, US retail sales might stagnate (0.0%).
U.S. retail sales were up 1.6% in September following an upwardly revised decline of 0.1% in August, which was negatively affected by hurricanes Harvey and Irma.

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