Japan current account expands to Y433.3B in June

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Source: RTTNews
Japan posted Y433.3 billion current account surplus in June, down 19.6% on year and declining for the 16th straight month, the Ministry of Finance reported on Wednesday. The trade balance showed a surplus of Y112.0 billion, with a 13.7% year-on-year drop. Imports cooled an annual 1.2% to Y5.310 trillion. Exports fell 1.5% on year to Y5.422 trillion.
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Wed, 08 Aug 2012 07:35:12 GMT

Gold drops on strengthening Dollar

Gold declined after a three-day rally as its rise to a week high boosted sales and as the U.S. Dollar's strength weakened demand for the metal as an alternative investment. On Wednesday, spot gold fell 0.2% to $1,609.15 per ounce, after rising to $1,618.40 yesterday, the strongest since August 1. Bullion for December delivery dropped 0.1% to $1,610.70 per ounce.

Wed, 08 Aug 2012 13:55:12 GMT

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