Market Commentary and Intraday News

Japan Current Account Balance On Tap For Tuesday

253 days ago

(RTTNews) - Japan is scheduled to release August figures for current account and September data for bankruptcies and the eco watchers survey, highlighting a modest day for Asia-Pacific economic activity.

The current account is expected to fall 3.7 percent on year to a surplus of 421.1 billion yen after plummeting an annual 40.6 percent to a surplus of 625.4 billion yen in July. The trade balance is expected to reflect a deficit of 628.6 billion yen after posting a 373.6 billion yen shortfall in the previous month. Bankruptcies were down 5.8 percent on year in August, while the current and outlook eco surveys both saw a score of 43.6.

Australia will see September results for business confidence and conditions from NAB. Confidence was at -2 in August, while conditions came in with a score of 1.

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