Japan BoP Current Account Balance for November: ¥ 433.0B (expected ¥ 139.5B)

BoP Current Account Balance for November, ¥ 433.0B

  • expected ¥ 139.5B, prior ¥ 833.4B

BoP Current Account Adjusted for November: ¥ 914.5B

  • expected ¥ 692.5B, prior ¥ 947.0B

Trade Balance BoP Basis November: ¥ -636.8B

  • expected ¥ -734.0B, prior ¥ -766.6B

Bank Lending excluding trusts December, +2.7% y/y

  • prior +2.8%

Bank Lending including trusts December +2.6% y/y

  • prior +2.7%

more to come

USD/JPY down a few pips …. not much in it as I type

More added:

  • Fifth consecutive surplus
  • Analysts citing weak yen boosting the value of overseas investment income, helping to offset a goods trade deficit (balance of trade in goods and services has been in deficit for nearly 1.5 years)

Best in 2026

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