Due at 2350 GMT from Japan
2350GMT Japan trade balance for October
- expected Y 229.3bn, prior Y -124.8bn
trade balance adjusted
- expected Y 248.1bn, prior Y -97.2bn
exports
- expected -7.5% y/y, prior 5.2%
imports
- expected -15.2% y/y, prior -1.5%
Data earlier for October for the first twenty days of October shoed imports down 21.3%Y/Y.
This will be reflecting
- base effects from oil prices
- weaker from China
- and some impact from the retail sales tax hike
Exports will be lower also.