Japan: Trade balance to jump on export recovery - SocGen

Sandeep Kanihama FXStreet Contributor

In view of the analysts at Societe Generale, Japan is expected to report a sharp export recovery in February – after having underperformed within the region in recent months – and a jump in the trade balance.

Key Quotes

“Our forecasts are 11.3%yoy (up from 1.3%) and 4.5%yoy (down from 8.4%) for exports and imports respectively, with the resultant trade balance to jump to a ¥641bn surplus, after a deficit of ¥1088bn in January.”

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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