More on Japan export data, those to the US are up, to China down

Author: Eamonn Sheridan | Category: News

Japanese March trade balance surplus increased, exports down again, imports up, though much less than expected.

By country/region, Japan exports to:
  • US +4.4% y/y
  • China -9.4% y/y 
  • Asia -5.5% y/y
  • EU +7.3% y/y

Yen is barely moving, which for Japanese data releases is par for the course. 
More generally, the Asia FX disease (low volatility/tiny movement) has spread to Europe/UK/US timezones. Sad.

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