The Japan trade balance data is here from earlier:
- Japan September trade balance: Y +139.6bn (expected Y -45.1bn)
- Yen response to the trade figures just out ... or is it?
Reuters with a recap:
- Japan exports fall for first time since 2016
- shipments to the United States and China declined
- adding to concerns about the broadening impact of an escalating Sino-U.S. trade war
- A powerful typhoon that hit Japan last month has added to the strain on factories, disrupting output and physical distribution
- "The continued weakness in exports in September suggests that economic activity may have stagnated in Q3," Marcel Thieliant, senior Japan economist at Capital Economics, said in a note to clients
