Odaily Planet Daily News: Japan's second-quarter GDP data will be released on Friday. The DBS economic team expects that Japan's GDP growth rate in the second quarter may hover around 0%. They predict that the annualized growth rate after quarterly seasonal adjustment will rise modestly by 0.2%, just enough to offset the contraction in the first quarter. Export momentum weakened in the second quarter, affected by declining exports to the United States and weak overseas demand. Domestically, private consumption remains sluggish as wage growth lags behind inflation. Continued weak GDP indicates that the Bank of Japan is unlikely to raise interest rates in the short term. Although the trade agreement reached with the United States will help ease tariff uncertainty, the Bank of Japan may want to see a stronger wage recovery and stable inflation before resuming policy normalization. Therefore, DBS Bank maintains its forecast of a 25 basis point interest rate hike by the Bank of Japan in the fourth quarter. (Jinshi)