• Trade deficit at Y558.6B ( survey -Y547.9B, prior -Y754.1B, revised -Y755.9B).
  • Adjusted trade deficit at Y980.3B (survey -Y760.3B, prior -Y472.8B, revised to Y461.9B).
  • Trade exports fall 10.3% (survey -9.9, prior -5.8)
  • Trade imports rose 4.1% (survey 2.9, prior -5.4).

USD/JPY Nowhere at 79.26/29.

Japan September exports to China down 14.1% y/y.

Japan’s exports tumbled more than expected in the year to September, while manufacturers’ mood hit its lowest since early 2010 in a sign a row with China is further hurting the export-reliant economy grappling with the global slowdown.-RTRS