Japanese November trade balance data is here from earlier:
Reuters with a little more:
- Japan's exports in November fell at a slower pace
- Rapid decline in the yen and a recovery in overseas demand boosted shipments
- The data is likely to offer encouragement to the Bank of Japan, which is leaning toward upgrading its economic outlook at a meeting ending Dec. 20 because officials are becoming increasingly confident that global trade is emerging from the doldrums, four sources said.
And, via Bloomberg:
- Exports declined at the slowest pace since September 2015.
- "Overseas demand has been rebounding, along with a pick-up in the manufacturing sector globally," Yoshimasa Maruyama, chief market economist at SMBC Nikko Securities Inc. in Tokyo, said before the report was released. "The prospects for exports look good as the weakening yen will help."