Japanese trade balance
Trade balance for October Y +111.5bn
- expected Y -246.3bn, prior was Y -115.8bn
Trade balance (adjusted) for October Y -202.3bn
- expected Y -343.1bn, prior was Y -355.7bn
Exports -2.1% y/y ... this is the first y/y fall since August of 2014
- expected -2.0%, prior was +0.5%
Imports -13.4% y/y
- expected -8.6%, prior was -11.0%
- Exports to Asia -3.6% y/y
- Exports to China -3.6% y/y
- Exports to US +6.3% y/y
- Exports to EU +5.6% y/y
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Exports worse than expected and deteriorate on the month ... imports ditto
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USD/yen doing barely anything after the data
