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JAPAN DATA: Trade Data disappoints

JAPAN DATA
APACJapanData BulletBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets
  • The volatility in Japanese trade data continued today with exports only rising 5.6%.
  • Following July’s rise of 10.3%, market expectations were for a rise of 10.6% for the month.
  • Imports too were materially down printing at 2.3% for the month following on from July’s print of 16.6% and market expectations of +15%.
  • The upshot being upshot being the trade deficit at YEN 695 was much lower than expected. 
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  • The volatility in Japanese trade data continued today with exports only rising 5.6%.
  • Following July’s rise of 10.3%, market expectations were for a rise of 10.6% for the month.
  • Imports too were materially down printing at 2.3% for the month following on from July’s print of 16.6% and market expectations of +15%.
  • The upshot being upshot being the trade deficit at YEN 695 was much lower than expected.