Japan recorded a record $193 billion current account surplus in 2024, fueled by strong foreign investment returns, a weak yen, and an improving trade balance, Finance Ministry data shows.
The U.S. dollar posted strong gains in 2024, boosted by higher Treasury yields and a cautious Fed policy outlook, while markets braced for economic shifts under Trump’s administration.
Business confidence among Japan’s manufacturers improved to 14 in December, surpassing market forecasts, while nonmanufacturers’ sentiment declined slightly, highlighting mixed economic signals.