What's moving markets on April 22? Read the report to know!
37th straight current account surplus for July is reported by Japan
Japan reported a 37th consecutive monthly current account surplus for July, according to a Reuters survey on Friday. It actually reflects a supposed ascend in income from overseas investments.
The survey of 19 experts predicts a current account surplus of approximately 2 trillion Japanese yen in July from June’s outcome of 935 billion yen.
Chief economist at Norinchukin Research Institute, Takeshi Minami told that Japan will probably maintain a current account surplus in 2017 due to more favorable economic conditions overseas.
Interest rates as well as stock prices overseas surpass those of Japan. That’s why interest revenue and also investment income are supposed to go up.
The finance ministry is going to disclose the data soon on Friday.
Apparently, Japan's trade as well as current account surpluses have been heavily criticized by Donald Trump in his "America First" campaign.
Read the daily report to get the full market wrap!
The European Central Bank is holding a meeting on April 22 at 14:45 MT time. What to watch?
Check our story about the stocks that have the potential to go either up or down big time! In this article, we'll tell you about Nvidia, Apple, Philip Morris, and Coinbase.
Once in a month, the euro has a very special day of increased volatility at the start of the European trading session.
The relationship between the US and Turkey is not going well. Neither do things for the Turkish lira.