Japan’s November Trade Balance
Written December 20, 2009 at 6:49 PM EST by Alex Chernomordin
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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