What's NewThe second Covid-wave has arrived, but with hardly any deaths in Japan.

In Japan, when the diagnosed cases of COVID-19 decreased in late May, the government decided to lift the state of emergency order, while gradually opening up its economic activities. However, the number of new cases has been gradually increasing recently. Although the number of patients with serious symptoms are significantly less than those in May and the current situation is not as bad as before, if the government does not take more of a proactive action, the situation could become worse in the upcoming months. (July 22,2020)

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Gross domestic product in Japan contracted by 7.9% QOQ in the April-June quarter.

September 15, 2020

Retail Sales Japan

In June 2020, the seasonally adjusted retail sales index in Japan increased to 102.2 from 90.4 in May.

In July 2020, the Japanese Government did not conduct any FX Intervention. Japan had a total FX reserve of 1.402 trillion USD in July.

(FX Reserves & FX Intervention)

FX Reserves

Ministry of Finance publishes FX Reserve statistics. Japan’s FX Reserve is the second largest in the world a...

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August 11, 2020

Japan Bank lending

Bank lending growth steady around 7.8%.

Japan's current account surplus in June 2020 was 1049 billion yen, an increase from 821 billion yen in May 2020.

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