TOKYO: Japan's trade surplus fell for the first time in nine months in July, prompting concerns over the outlook for the country's exports amid worries about a slowdown in the US economy due to rising mortgage defaults there.
But the data did little to alter market views that the Bank of Japan (BoJ) will keep interest rates on hold at a two-day policy meeting starting yesterday in view of a global credit squeeze that has sparked financial market turmoil.
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