Japan’s November Trade Balance

Written December 20, 2009 at 6:49 PM EST by  

Japans November Trade Balance came in better than expected, particularly on the export side which was already expected to improve significantly. Although the readings remain negative year over year the USD/JPY pair has a mild bid to start the trading weak, although trading off early session highs.

Merchandise Trade Balance Total  – Survey:300B   Actual:373.9   Prior:807.1

Adjusted Merc Trade Balance Total  – Survey:268B   Actual:492.4   Prior:419.1

Trade Exports (YoY) - Survey:-6.8%   Actual:-6.2%   Prior:-23.2%

Trade Imports (YoY) - Survey:-17.9%   Actual:-16.8%   Prior:-35.6%

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