Japanese exports and import data from March is due at 2350GMT
- rade balance: expected Y 363.2bn, prior was Y 334.9bn
- Trade balance (adjusted): expected Y -242.5bn, prior was Y 116.1bn
- Exports y/y: expected -2.6%, prior was -1.2%
- Imports y/y: expected 2.8%, prior was -6.7%
As you can see, analysts expect exports to have shrunk again in March (y/y) … but as a heads up given China's import numbers for March were quite poor the Japan exports number may well be worse than the -2.6% median estimate.
Yen impact? Well, its Japanese data, so you know what to expect for the yen... i.e nothing!
