Japan July Trade balance: Y -249.6bn, a miss but check out the export and import details, not as bad as expected for both.
- expected Y -194.5bn, prior was Y +589.6bn
Trade balance (adjusted): Y -126.8bn
- expected Y -150.8bn, prior was Y -14.4bn
Exports -1.6% y/y
- expected -2.3%, prior was -6.6%
Imports -1.2% y/y
- expected -2.3%, prior was -5.2%
USD/JPY has had a 20+ range so far on Monday, opening a touch soft but recovirng back to late Friday levels:
more to come
