Japan data
Trade Balance (February 2025) 584.5bn JPY
- expected 722.8bn, prior -2,736.6bn
Imports -0.7% y/y
- expected +0.1%, prior +16.2%
Exports +11.4% y/y
- expected +12.1%, prior +7.3%
More:
Exports to
- the EU -7.7% y/y
- China +14.1% y/y
- the USA +10.5% y/y
- Asia +15.7% y/y
While this data is about Japan, check out the slump in exports to the EU – confirming again that the economy there has been slumping, little wonder the European Central Bank have slashed rates. Germany’s fiscal boost should help too.
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The Bank of Japan statement is due later, on hold is expected:
This article was written by Eamonn Sheridan at www.forexlive.com.