Japan Current Account Due On Wednesday

By @ibtimes on

RTTNews - Japan is scheduled to release May figures for trade balance among a raft of other data on Wednesday, headlining a modest day for Asian economic news. Also on tap are M2 and M3 money stock, machine orders, trade balance and bank lending.

The current account is expected to come in at 1.503 trillion yen after the 630.5 billion yen surplus in April, while the adjusted account was at 966.3 billion yen previously. Money supply is expected to remain flat on year, with M2 at 2.7 percent and M3 at 1.8 percent. Machine orders are expected to climb 2.4 percent on month but fall 34.4 percent on year. Overall bank lending came in at 3.9 percent in the previous month.

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