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.