Japanese trade data, also machine orders data.
Trade Balance for May 2025 -637.6bn yen
- expected -896.5bn, prior –115.6bn
Trade Balance Adjusted -305.5bn yen
- expected –359.0bn, prior -408.9bn
Exports -1.7% y/y, the first negative in eight months
- expected –3.7%, prior +2.0%
Imports -7.7% y/y
- expected –5.9%, prior –2.2%
Exports to Asia +0.4% year/year
- to China -8.8%
- to EU +4.9%
- to U.S. -11.1%
—
Also,
Japan Core Machine Orders (a highly volatile data
series regarded as a leading indicator of capital spending in
the coming six to nine months) for April 2025:
-9.1% m/m
- expected –9.5%, prior +13.0%
Core Machine Orders +6.6% y/y
- expected +4.2%, prior +8.4%
This article was written by Eamonn Sheridan at www.forexlive.com.
