Account surplus in Japan rose in July to $ 1.68 trillion. yen, compared with 1.05 the previous month and 1.33 in July last year. Market forecasts, in contrast, assumes a significant reduction in surplus. Seasonally adjusted data reflect the growth of the surplus to 1.5 trillion. compared with expectations of a stable balance of 1.3 trillion. as a month earlier. Export survived this month without loss remained unchanged compared with June. This is a pretty good signal. A bit worrying, only a slight decrease in imports, which could mean less economic activity in the country.
Such data overwrites the Japanese yen 15-year highs against the dollar, and traded near a nine-year peak against the euro and went to the area of historical maxima to the pound (although the minimum was shown at the beginning of 2009, he was short-lived). Spur the demand for yen as sales and stock markets caused by fears over the banking sector the eurozone.
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