Japanese trade data, also machine orders data.
Trade Balance for May 2025 -637.6bn yen
- expected -896.5bn, prior –115.6bn
Trade Balance Adjusted -305.5bn yen
- expected –359.0bn, prior -408.9bn
Exports -1.7% y/y, the first negative in eight months
- expected –3.7%, prior +2.0%
Imports -7.7% y/y
- expected –5.9%, prior –2.2%
Exports to Asia +0.4% year/year
- to China -8.8%
- to EU +4.9%
- to U.S
Japanese Exports for May 2025 -1.7% y/y vs. expected -3.8%