Japan Balance of Trade
Between 1980 and 2010, Japan had consistently posted annual trade surpluses, resulted in an increase in its exports. After the Fukushima nuclear accident, the country was compelled to boost its purchases of fossil fuels and gas due to the weakening yen. As a result, the trade balance went from positive to negative in 2011. Japan's trade balance returned to surplus in 2016 and 2017, however, in 2018 and 2019, the country's trade balance swung back into deficit as a result of ongoing trade tensions between the United States and China, as well as the weak global economy. In 2019, Japan had the largest trade surpluses with the United States, Hong Kong, South Korea, Taiwan, Singapore, and the Netherlands. The countries with the largest trade deficits were China, Australia, Saudi Arabia, the United Arab Emirates, and Qatar.
A higher than expected figure should be seen as positive (bullish) for the JPY while a lower than expected figure should be seen as negative (bearish) for the JPY.
Forex Sentiment (JPY)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDJPY |
|
|
144.3197 -251 pips |
149.2011 -237 pips |
146.830 | |
| GBPJPY |
|
|
193.4749 -501 pips |
197.8832 +60 pips |
198.486 | |
| EURJPY |
|
|
163.9879 -727 pips |
170.7395 +52 pips |
171.262 | |
| AUDJPY |
|
|
93.8007 -205 pips |
97.0525 -120 pips |
95.848 | |
| CADJPY |
|
|
104.5208 -217 pips |
108.3518 -167 pips |
106.686 | |
| NZDJPY |
|
|
85.5774 -63 pips |
87.6233 -141 pips |
86.212 | |
| CHFJPY |
|
|
174.9146 -848 pips |
182.8458 +55 pips |
183.396 | |
| SGDJPY |
|
|
114.6608 +26 pips |
115.1670 -76 pips |
114.403 | |
| NOKJPY |
|
|
14.5975 +2 pips |
13.9505 +63 pips |
14.579 | |
| ZARJPY |
|
|
0 -832 pips |
8.1611 +16 pips |
8.318 |
News (JPY)
Japan Manufacturing PMI Improves Top 49.9 - Jibun
The manufacturing sector in Japan continued to contract in August, although at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 49.9.
RTTNews | 7 days ago
Japan Has Y117.550 Billion Trade Deficit In July
Japan posted a merchandise trade deficit of 117.550 billion yen in July, the Ministry of Finance said on Wednesday.
RTTNews | 8 days ago
Japan Core Machinery Orders Climb 3.0% In June
The value of core machinery orders in Japan was up a seasonally adjusted 3.0 percent on month in June, the Cabinet Office said on Wednesday - coming in at 941.2 billion yen.
RTTNews | 8 days ago
