China’s December exports rose 6.6% y/y and imports climbed 5.7%, both beating forecasts, lifting the monthly trade surplus to $114.1bn. For 2025, exports rose 5.5% while flat imports drove a record $1.19tn surplus.
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A BOJ market operations meeting focuses on how policy is implemented, bond buying and liquidity mechanics, rather than interest rates, but even small operational changes can influence JGB yields, the yen and equity markets. Set for Feb 26.
Full year trade data out from China, exports and imports both up y/y Just a data post
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