Japan’s trade deficit and all industry activity index falls - RBS

FXStreet (Delhi) – Research Team at RBS, note that the Japanese trade deficit and all industry activity index headed southwards in today’s release.

Key Quotes

“Japan recorded a trade deficit of Y114.5bn in September (Consensus Y87bn surplus) from a revised deficit of Y569.4bn in August, as exports rose just 0.6% y/y in September, while imports retreated 11.1%. (FT)”

“Japanese All Industry Activity Index fell 0.2% m/m in August, in line with consensus expectation, from a revised reading of ­0.1% in July. (Bloomberg)”