Japan data - BoP Current Account Balance (November): ¥ 1143.5B (vs. expected ¥ 895.0B)

Japanese data:

BoP Current Account Balance for November, ¥ 1143.5B, a much wider surplus than expected

• expected ¥ 895.0B, prior ¥ 1458.4B

BoP Current Account Adjusted: ¥ 1423.5B, but a narrower surplus on an adjusted basis

• expected ¥ 1512.9B, prior ¥ 1493.7B

Trade Balance BoP Basis: ¥ -271.5B

• expected ¥ -158.7B, prior ¥ 200.2B

Bank Lending excluding trusts December, 2.2% y/y

• expected 2.3%, prior 2.3%

Bank Lending including trusts 2.2% y/y

• prior 2.3%

There has been little response from USD/JPY, which is not unusual; Japanese data often has little immediate impact on the FX.

USD/JPY currently around 117.70