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Japan is giving us an early start to next week’s economic calendar. A host of data relating to trade and industry will be coming out during the Asian session.
With Japan being so dependent on trade and their annualized GDP barely breaking even, this is some important data to help us see if the economy will turn around in the near future. There’s relative optimism coming from the US-China talks over the last month. So, we might get a better result. Here are some things to consider ahead of these events.
Schedule and Expectations
We start with the more important of the data releases which is trade. This is scheduled at 00:50 CET on Monday (which would be 19:50 EST on Sunday). It includes imports, exports, the balance, and adjusted balance.
Markets focus on the adjusted trade balance, which we can expect to register a deficit of ¥254B. This would be an improvement over the deficit printed last month of ¥370...
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