Japan August current account surplus ¥2102B vs ¥2031B exp

Japan trade data for Aug 2020:

  • Trade balance +¥413B vs +¥404B expected
  • Prior was ¥137.3B
  • Current account balance ¥2102B vs ¥2031B exp
  • Adjusted current account balance ¥1647B vs ¥1544B

USD/JPY has ticked higher but that looks more like a flow-driven move than a result of this data, which is yen positive.

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