According to Japan’s Ministry of Finance trade statistics, nominal exports in June 2018 were up 6.7% y-y, below the consensus (Bloomberg survey median) forecast for a rise of 7.0%, and nominal imports were up 2.5%, below the consensus forecast for a rise of 5.3%, notes the research team at Nomura. Key Quotes “The trade surplus came to ¥721.4bn, above the market consensus forecast of ¥531.2bn, mainly due to the weakness of imports.” “Using the BOJ’s export price index, we calculate that real exports in June 2018 were down 0.4% m-m. While this marks a second straight month of decline, real exports rose 5.4% m-m in April and rose 1.0% q-q for the Apr-Jun quarter overall, meaning that real export growth has recovered somewhat from the 0.3% q-q growth recorded in Jan-Mar.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ECB: No substantial policy changes this month – Rabobank FX Street 5 years According to Japan's Ministry of Finance trade statistics, nominal exports in June 2018 were up 6.7% y-y, below the consensus (Bloomberg survey median) forecast for a rise of 7.0%, and nominal imports were up 2.5%, below the consensus forecast for a rise of 5.3%, notes the research team at Nomura. Key Quotes "The trade surplus came to ¥721.4bn, above the market consensus forecast of ¥531.2bn, mainly due to the weakness of imports." "Using the BOJ's export price index, we calculate that real exports in June 2018 were down 0.4% m-m. While this marks a second straight month of decline, real… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
