---
title: "Japan · Adjusted Merchandise Trade Balance: -704.0B · Oct 20, 2026"
description: "US data, Oct 20, 2026: actual -704.0B, forecast -0.26T, previous -840.6B · BELOW FORECAST. The full read is on Helious, with the market reaction."
source: Helious
canonical: "https://helious.io/news/rel-ev-6b8e2fd6289d8f5d/japan-adjusted-merchandise-trade-balance-704-0b"
---

Economic release
              20 Oct 2026, 23:50 UTC



# Japan · Adjusted Merchandise Trade Balance: -704.0B




           Actual-704.0B
           Forecast-0.26T
           Previous-840.6B

               Surprise
               -2.35σ

           VerdictBELOW FORECAST
           ReadJGBs BULLISH · Equities BULLISH


            Japan · Adjusted Merchandise Trade Balance: Actual -704.0B, forecast -0.26T, prev -840.6B. Surprise: BELOW FORECAST by 2.4 sigma. Desk read: JGBs BULLISH · Equities BULLISH.






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