Japanese trade surplus surpassed the market’s expectations in February while equities are plummeting worldwide, indicating panic remains the same, Valeria Bednarik from FXStreet briefs. Key quotes “The US announced measures on Tuesday that led to Wall Street closing in the green, but sentiment turned again sour, with Asian and European equities trading in the red.” “US Treasury yields are easing, although at their highest in two weeks, limiting the downside for USD/JPY.” “Japan published the February Merchandise Trade Balance, which posted an impressive surplus of ¥1109.8B. Imports declined 14%, while exports contracted 1.0% in the same month, better than anticipated. ”The US will publish today Housing Starts and Building Permits for February.” 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 EUR/JPY Price Analysis: Further consolidation stays on the cards FX Street 2 years Japanese trade surplus surpassed the market’s expectations in February while equities are plummeting worldwide, indicating panic remains the same, Valeria Bednarik from FXStreet briefs. Key quotes “The US announced measures on Tuesday that led to Wall Street closing in the green, but sentiment turned again sour, with Asian and European equities trading in the red.” “US Treasury yields are easing, although at their highest in two weeks, limiting the downside for USD/JPY.” “Japan published the February Merchandise Trade Balance, which posted an impressive surplus of ¥1109.8B. Imports declined 14%, while exports contracted 1.0% in the same month, better than anticipated.… 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.
