News Headline Summary

Japanese Merchandise Trade Balance Total (JPY)(Nov) -953.4bln vs. Exp. -1035.1bln (Prev. -549bln)

- Adjusted Merchandise Trade Balance (Nov) M/M -868.5bln vs. Exp. -848.2bln (Prev. -624.3bln)
- Merchandise Trade Export (Nov) Y/Y -4.1 vs. Exp. -5.5 (Prev. -6.5)
- Merchandise Trade Import (Nov) Y/Y 0.8 vs. Exp. 0.6 (Prev. -1.6)

- Japan exports to China fell 14.5% in November from year earlier.

Reaction details (00:52)

- USD/JPY immediately moved 2 pips to the downside, trades 84.34 (+13 pips) last.

Analysis details (00:54)

- Japan logs fifth straight monthly trade deficit, longest run since 1980.

19 Dec 2012 - 00:50 - Forex - Source: Newswires

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