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Pictet WM revises up Japan GDP forecast

Pictet Wealth Management has revised its Japanese GDP forecast for 2018 from 1.0% to 1.1%, driven by the country’s positive economic figures in the second quarter. The second estimate of the Japanese Q2 GDP was revised significantly upward, with the updated data showing the economy expanded by 3.0% QoQ annualised in the second quarter — the highest growth rate that…

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