Japanese Trade balance for June

Trade balance, Y -69.0bn

  • expected a surplus of Y 45.8bn, prior was Y -217.2bn

Trade balance (adjusted), Y -251.7 bn

  • expected Y -260.0bn, prior wasY -155.2bn, revised from Y -182.5bn

Exports +9.5% y/y

  • expected +10.0%, prior was +2.4%

Imports -2.9% y/y

  • expected -4.3%, prior was -8.7%

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Wow ... look at that yen reaction .... only kidding .... barely changed, USD/JPY around 124.00