Bags, Tokyo rebounded strongly (+ 2.4%) after the US data. Balza Japanese current account surplus – Il Sole 24 Ore

TOKYO – The Nikkei index of the Tokyo Stock Exchange closed today soaring 2.44% to 16,650.57 points. The Japanese stock market started the new eighth driving the progress of the Asian markets, in the wake of robust Friday ‘evening on employment data in the US – more than expected – that led to a strengthening of the dollar from above 102 in dues against the yen. The Tokyo Stock Exchange and ‘also facilitated by the ETF purchases by the central bank, which continues even in the middle of the summer period in the presence of a decrease in overall trading volumes.

The titles of exporters and financial ones are now sensitive purchases objects. Nissan also seems to benefit from the prospect of a spill from the field of manufacture of batteries for electric and hybrid cars. Meanwhile it was learned today that Japanese investors have made net purchases in July of foreign government bonds for well 5.45 trillion yen (53.42 billion dollars) in the medium and long term, in search of better returns than infinitesimally small or negative of Japanese bonds (and perhaps also because ‘and’ back the confidence of a true recovery of the Japanese stock exchange, which remains among the worst year to date).

also today it was announced that in the first six months of this year, Japan’s current account surplus and ‘rose to the highest since the second half of 2007, reaching an increase of 31.3% to 10.63 trillion yen (104 billion dollars). And ‘it passed in a positive trade balance for 2.35 trillion yen compared to a deficit of 375.4 billion, as the decline in imports linked to that of energy raw materials (-17.8%) and’ was higher than the decrease of ‘exports (-10.8%). The rise of the yen has however reduced the surplus in the primary income account (-7.9% to 9.61 trillion yen). Of note is that the tourism balance marks a strong surplus of 775.8 billion yen, the highest ever. June marked the 24th consecutive month of the current account surplus, with a surplus of 974.4 billion yen related to commercial (763.6 billion yen).

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