Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The typical/expected impact on JPY pairs is medium.
There is no forecast value for Merchandise Trade Balance Total yet - check back for updates.
The most recent announced value for Merchandise Trade Balance Total was ¥-234.6B against a forecast of ¥22B.
Recent economic data has been moderately bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Merchandise Trade Balance Total result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| National Consumer Price Index (YoY) | Bullish change | 2.7% | 2.9% | ||
| National CPI ex Food, Energy (YoY) | Bearish change | 3.3% | 3% | ||
| National CPI ex Fresh Food (YoY) | Bullish change | 2.7% | 2.9% | ||
| Adjusted Merchandise Trade Balance | Bearish change | ¥-171.2B | ¥-314.3B | ||
| Exports (YoY) | Bullish change | -0.1% | 4.2% | ||
| Imports (YoY) | Bullish change | -5.2% | 3.3% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Ministry of Finance of Japan |
| Category: | Capital Flows |
| Frequency: | Monthly |
| Australia | Trade Balance (MoM) | ||
| Australia | Exports (MoM) | ||
| Australia | Imports (MoM) | ||
| Canada | Current Account | ||
| China | Imports (YoY) | ||
| China | Exports (YoY) | ||
| China | Trade Balance USD | ||
| China | Trade Balance CNY | ||
| China | Imports (YoY) CNY | ||
| China | Exports (YoY) CNY | ||
| Germany | Trade Balance s.a. | ||
| Japan | Exports (YoY) | ||
| Japan | Imports (YoY) | ||
| Japan | Current Account n.s.a. | ||
| New Zealand | Exports | ||
| New Zealand | Trade Balance NZD (YoY) | ||
| New Zealand | Imports |