Japan: Merchandise Trade Balance Total (December): ¥-1302.1B

Jan 24, 2014

EUR/USD quiet into the close sub 1.3700

EUR/USD remains quiet into the close sub1.3700 when the pair reversed the upside. The pair has since formed a sideways channel and prefers to wait until next week before it can decide upon the next trend.

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Jan 27, 2014

Japan's trade balance worsens in Dec 2013

Japan's trade balance came at ¥-1,302.1 vs ¥-1,222.5B expected and ¥-1,292.9B last, while the adjusted trade balance stood at ¥-1148.6bn vs ¥-1,346.31B last. Exports (YoY) (Dec) saw +15.3% vs 17.8% exp and 18.4% last, while imports (YoY)(Dec) stood at +24.7% vs 26.1% exp and 21.1% last.

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