Japan · Exports (YoY): 23.2

Actual23.2

Forecast19.9

Previous19.3

Surprise +1.32σ

VerdictABOVE FORECAST

ReadJGBs neutral · Equities neutral

Japan · Exports (YoY) — Actual 23.2, forecast 19.9, prev 19.3. Surprise: ABOVE FORECAST by 1.3 sigma. Desk read: JGBs neutral · Equities neutral.

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