Japan July 2018 Trade data on 16.08.2018
- prior 720B JPY
- Adjusted Trade balance -45.6B JPY vs prior 66.2B JPY
- Exports YoY 3.9% vs 6.3% exp, prior 6.7%
- Imports 14.6% vs 14.4% exp, prior 2.6%
Quite a miss on the exports, first impact of the tariffs on steel and aluminium?
Cars should still be in discussion ….