Japan · Merchandise Trade Balance Total: -1,105.6B

Actual-1,105.6B

Forecast-1,052.6B

Previous-634.5B

Surprise -0.18σ

VerdictBELOW FORECAST

ReadBonds BULLISH · Equities BULLISH (rates-driven tape)

Japan · Merchandise Trade Balance Total — Actual -1,105.6B, forecast -1,052.6B, prev -634.5B. Surprise: BELOW FORECAST by 0.2 sigma. Desk read: Bonds BULLISH · Equities BULLISH (rates-driven tape).

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