SEKJPY Exchange Rate

Japan posted a current account surplus of 3.398 trillion yen in March, the Ministry of Finance said on Friday - up 44 percent from the previous year.

The average of household spending in Japan was down 1.2 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday - coming in at 318,713 yen.

Sweden's central bank lowered its policy rate for the first time in eight years and signaled another two more rate reductions during the second half of the year as inflation approaches the target of around 2 percent amid the weak economic activity. The executive board of the Riksbank, led by Governor Erik Thedeen, decided to lower the policy rate by 25 basis points to 3.75 percent.

The services sector in Japan continued to expand in April, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a services PMI score of 54.3.