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Japan Adjusted Merchandise Trade Balance climbed from previous ¥-1714.2B to ¥-844.62B in April

Japan Adjusted Merchandise Trade Balance climbed from previous ¥-1714.2B to ¥-844.62B in April

Japan's April trade deficit worse-than-expected

Japan's Merchandise Trade Balance Total (Apr) came at¥-808.9B vs ¥-646.0B expected and ¥-1,446.3B last, with the Adjusted Merchandise Trade Balance (Apr) coming at ¥-1626.768B vs ¥-1,714.2B last. Exports (YoY) (Apr) increased by 5.1% vs +4.8% expected and +1.8% last, with imports (YoY) (Apr) at +3.4% vs + 0.8% expected and +18.1% last.
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AUD/JPY a falling knife, breaks below 93.50

Currently, AUD/JPY is trading at 93.47, down -0.20% on the day as Tokyo comes online, having posted a daily high at 93.69 and low at 93.41.
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