Note

JAPAN ADJUSTED CURRRENT ACCOUNT UNDERSHOOTS EXPECTATIONS, ¥744.3B VERSUS EXPECTED ¥1,018.9B

Alan xi
· Views 24




Japan's Current Account came in below expectations, with the adjusted balance of trade printing at  ¥744.3 billion compared to the ¥1.01 trillion forecast, an eleven-month low for the indicator.

Foreign Investment in Japanese Stocks also got pulled down, with foreign funds investment into Japanese equities declining to ¥308.4 billion compared to the previous period's ¥721 billion.

Market reaction

USD/JPY continues to trade tightly near the 148.00 price handle as markets gear up for Thursday's trading session.


Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.

Content related