Japan · Adjusted Merchandise Trade Balance: -840.6B

Actual-840.6B

Forecast-1.00T

Previous-686.0B

Surprise -2.80σ

VerdictBELOW FORECAST

ReadBonds BULLISH · Equities BULLISH (rates-driven tape)

Japan · Adjusted Merchandise Trade Balance — Actual -840.6B, forecast -1.00T, prev -686.0B. Surprise: BELOW FORECAST by 2.8 sigma. Desk read: Bonds BULLISH · Equities BULLISH (rates-driven tape).

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