Japan: Trade balance for August: Y -948.5bn

  • expected Y -1028.9bn, prior was Y -962.1bn

Trade balance (adjusted) for August:Y -924.2 bn

  • expected Y -985.2bn, prior was Y -1023.8bn

Exports for August y/y: -1.3%

  • expected -2.6%, prior was +3.9%

Imports for August y/y: -1.5%

  • expected -1.2%, prior was +2.3%

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  • Trade balance better than expected not as bad as expected
  • 26 months of deficits in succession now

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Yen strengthened a few points