What's on the economic calendar today
The focus is on Japan in the hours ahead with trade balance data due.
The numbers are out at 2350 GMT (8:50 am in Tokyo).
- Trade balances expected at a 449B yen deficit
- Adjusted trade balance expected at a 206B yen deficit
- Exports expected -1.6% y/y
- Imports exp -7.3% y/y
All that FX devaluation and exports are still down. There's a lesson there for the rest of the world.