-
Japan logs 12.68 tril. yen current account surplus in 1st half
Japan posted a 12.68 trillion yen ($87 billion) current account surplus in the first half of 2024, lifted by record returns on foreign investments amid a weak yen and a smaller trade deficit, the Finance Ministry said Thursday. Primary income came to a 19.20 trillion yen surplus, up 10 percent from the same period a year earlier, boosted by rising overseas bond yields. It was the largest amount on a half-year basis. Japan's trade deficit nearly halved to 2.61 trillion yen as exports grew 6.7 percent to 50.61 trillion yen and imports rose 1.1 percent to 53.22 trillion yen. The current account balance is one of the ... (full story)
- Comments
- Subscribe
-
- Older Stories
From zerohedge.com|Aug 7, 2024For a few brief hours overnight, everything was awesome again after the BoJ folded like a broken lawnchair, dovishly backing away from any rate-hikes until market stability ...
From youtube.com/charlesschwab|Aug 7, 2024|1 commentKathy and Liz Ann discuss recent events in the market, including fluctuations in the equity market, a global tech outage, and the potential for rate cuts by the Fed. They also ...
From forex.com|Aug 7, 2024US interest rate expectations are becoming increasingly influential on Japan’s Nikkei 225, both through the FX channel impacting forecasts for exporter earnings and sentiment ...
-
- Newer Stories
From ecns.cn|Aug 7, 2024China's foreign exchange reserves increased to $3.2564 trillion as of the end of July, up 1.06 percent or $34 billion from the previous month, the biggest increase so far this ...
From forexlive.com|Aug 7, 2024|4 commentsEconomic Conditions in Post-Pandemic Australia with a Regional Lens. On Tuesday we got the latest decision from the RBA (on hold) and a press conference from Bullock. She, and the ...
- Story Stats
- Posted: Aug 7, 2024 9:53pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,604
- Linked event:
