USD/JPY down to 137.00 after revised Q4 GDP came in below the preliminary reading

The data post is here:

• Japan data: Q4 GDP (revised) 0.0% q/q (preliminary was +0.2%)

Annualised growth for the October - December quarter disappointed at +0.1% vs. the 0.6% preliminary estimate and the +0.8% median estimate

• private consumption was also revised down to +0.3%, vs. the preliminary estimate of 0.5%
• capex -0.5%, unchanged from the preliminary estimate, another disappointment against the median market forecast of -0.4%

--

GDP data is released by the Cabinet Office.