Japan current account surplus falls

Note: This section contains information in English only.
Source: The Wall Street Journal
Japan current account surplus narrowed in March by 8.6 % from a year earlier making up $ 19.95 billion, which is better than expected by economists. The reasons behind current account surplus contraction are the Europe's sovereign debt crisis, the strong Yen and increasing energy imports. Japanese exports grew to 7.3 %, whereas imports soared to 11.9 %.    
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Thu, 10 May 2012 06:18:10 GMT

China's exports and imports growth decelerates in April

China's expansion of exports and imports slowed down last month, lingering concerns over the stagnation of the country's economy. The data may stimulate further easing of the monetary policy. Exports increased by annualized 4.9% in April as compared to 8.9% expansion in March. At the same time, imports' growth decelerated from 3.5% to 0.3% in April, indicating decline in the

Thu, 10 May 2012 04:44:09 GMT

The Euro weakens slightly amid rising Eurozone concerns

Despite rising Eurozone's worries due to the recent elections in France and Greece, the Euro has weakened slightly, breaking out of its trading range of $ 1.30 to $1.32. On Wednesday EUR/USD depreciated to $ 1.2930. However, European stocks have fallen significantly with Euro Stoxx banks index reaching its lowest level since 2009. Bond markets are under pressure as well. 

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