Japan June Adjusted Merchandise Trade Balance declines to ¥-994B vs ¥-663.7B

Aug 19, 2013

Japan's trade deficits worsens on imports jump

Japan trade balance for the month of July came at Y -1024.0bn vs Y -773.5bn expected. Exports stood at +12.2% m/m vs +12.8% expected, while imports came at +19.6% vs 15.4% expected.

USD/JPY opens up fresh highs

The USD/JPY foreign exchange rate has crept upwards to session highs Monday, having moved in the absence of any economic data out of Japan.