FXstreet.com (Barcelona) - The Japanese September trade balance continues to show a shift on trading patterns, with the country moving from exports-oriented activities to more imports-led.
Today, a negative reading of around 556 bln yen vs -570 expected in the trade balance was published. Exports dropped by 10.3% y/y vs -9.6% while imports also increased more than expected to+4.1% vs 3.5%. Amid rising political tensions over disputed islands, exports to China fell by 14.1% y/y.
Today, a negative reading of around 556 bln yen vs -570 expected in the trade balance was published. Exports dropped by 10.3% y/y vs -9.6% while imports also increased more than expected to+4.1% vs 3.5%. Amid rising political tensions over disputed islands, exports to China fell by 14.1% y/y.
