Challenges
Merchandise Trade Balance Total
Most recent - Tuesday 19 September 2023 23:50
Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
Next event - Wednesday 18 October 2023 23:50
The typical/expected impact on JPY pairs is medium.
There is no forecast value for Merchandise Trade Balance Total yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Merchandise Trade Balance Total was ¥-930.5B against a forecast of ¥-659.1B.
Past events
Economic context
Recent economic data has been strongly bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Merchandise Trade Balance Total result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Large Retailer Sales | Bullish change | 5.5% | 6% | ||
| Retail Trade (YoY) | (no change) | 7% | 7% | ||
| Retail Trade s.a (MoM) | Bearish change | 2.2% | 0.1% | ||
| Tokyo Consumer Price Index (YoY) | Bearish change | 2.9% | 2.8% | ||
| Tokyo CPI ex Food, Energy (YoY) | Bearish change | 4% | 3.8% | ||
| Tokyo CPI ex Fresh Food (YoY) | Bearish change | 2.8% | 2.5% | ||
| Unemployment Rate | (no change) | 2.7% | 2.7% | ||
| National Consumer Price Index (YoY) | Bearish change | 3.3% | 3.2% | ||
| National CPI ex Food, Energy (YoY) | (no change) | 4.3% | 4.3% | ||
| National CPI ex-Fresh Food (YoY) | (no change) | 3.1% | 3.1% | ||
| Exports (YoY) | Bearish change | -0.3% | -0.8% | ||
| Imports (YoY) | Bearish change | -13.6% | -17.8% |
About Merchandise Trade Balance Total
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Ministry of Finance of Japan |
| Category: | Capital Flows |
| Frequency: | Monthly |
Related events
| Australia | Trade Balance (MoM) | ||
| Australia | Exports (MoM) | ||
| Australia | Imports (MoM) | ||
| Canada | Current Account | ||
| Canada | International Merchandise Trade | ||
| China | Imports (YoY) | ||
| China | Exports (YoY) | ||
| China | Trade Balance USD | ||
| China | FDI - Foreign Direct Investment (YTD) (YoY) | ||
| 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 | ||
| United States | Goods and Services Trade Balance |