Japanese current account surplus faded in April

Note: This section contains information in English only.
Source: Bloomberg
Japan reported smaller than predicted current account surplus in April, reflecting the negative effect from weakening global demand which is weighing on exports. The nation's current account excess narrowed to 333.8 bn Yen. Economists questioned by Bloomberg expected a drop only to 440.8 bn Yen. 
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Fri, 08 Jun 2012 06:18:28 GMT

Japan's GDP first quarter growth higher than expected

Japanese economic growth in the first three months of 2012 accelerated at slightly faster pace than predicted. The final estimate was revised upwards from 1.0% to 1.2%. Analysts predicted the gauge to reach 1.1%. The source of increase came from higher private consumption and capital spending. 

Thu, 07 Jun 2012 21:01:29 GMT

Gold and silver edged lower in electronic trade

Gold futures fell during electronic trading this Thursday after Ben Bernanke's, U.S. Federal Reserve Chairman, testimony to the Congress. Gold prices for August delivery tumbled $12.10, a 0.7 per cent decrease, to $1,622.10 an ounce in trading session of the New York Mercantile Exchange's Comex division. Silver futures for July delivery slipped 29 cents, a 1 per cent decline, to $29.20 an ounce.

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