February 3, 2023

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Japan data – current account, bank loans

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Japan Balance of Payment Current Account for April

BoP Current Account Balance Y 2650bn 

  • expected Y 2764bn, prior Y 2916bn

BoP Current Account Adjusted Y 1695bn

  • expected Y 1867bn, prior Y 1794bn

Trade Balance BoP basis Y 983bn

  • expected Y 787bn, prior Y 542bn

Also, Bank lending for April  

  • +4.8% y/y (prior +6.2%) including trusts
  • +4.3% (prior +5.9%) excluding trusts

Barely noticeable yen movement upon the release of the data. 

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