Japan: Exports slowing, but near-term rebound also a possibility – Nomura

Sandeep Kanihama FXStreet Contributor

Analysts at Nomura explain that the Japanese exports were weak in Jul-Sep is consistent with their economic outlook.

Key Quotes

“We also believe that the weak outlook for industrial production in Jul-Sep likely backs up our outlook. Our take on the export situation is that Japanese exports are likely slowing in line with an overall slowdown in the global economy. That said, we believe it unlikely that Japanese exports have actually entered a downturn.”

“We believe exports could actually rebound somewhat in the near term, as Chinese economic stimulus effects start to emerge.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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