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

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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.


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